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NICKEL ASIA CORP. May 12, 2014, THE PHILIPPINE STOCK EXCHANGE INC. Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Marathi City Attention: Ms. Janet A. Incarnation Head, Disclosure Department
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How to fill out a financial report for the first time:

01
Start by gathering all relevant financial documents such as bank statements, invoices, receipts, and any other financial records.
02
Organize the documents in a systematic manner, categorizing them according to income, expenses, assets, and liabilities.
03
Create a spreadsheet or use accounting software to record the financial information. This will help you track and analyze the data effectively.
04
Begin by entering the income details, including the source, amount, and date received. Be sure to include all sources of income, such as sales, investments, or loans.
05
Proceed to record the expenses, categorizing them into fixed and variable expenses. Fixed expenses are recurring costs like rent or utilities, while variable expenses change month to month, such as marketing expenses or supplies.
06
Calculate the net income by subtracting the total expenses from the total income. This will give you an overview of your financial performance.
07
Analyze the financial report by reviewing the financial ratios, such as the current ratio, quick ratio, and profitability ratios. These ratios help assess the company's liquidity, solvency, and profitability.
08
Review the financial report for any discrepancies or errors. Ensure that all the information is accurate and reflects the company's true financial position.
09
Once you have finalized the financial report, present it to relevant stakeholders, such as investors, lenders, or senior management, depending on the purpose of the report.

Who needs a financial report for the first time:

01
Startups: Entrepreneurs and founders of newly established businesses need financial reports to gain insights into their financial performance and make informed business decisions.
02
Small businesses: Small business owners often prepare financial reports to track their income, expenses, and overall profitability. These reports also help them manage cash flow effectively.
03
Sole proprietors: Freelancers or self-employed individuals who operate their own businesses may require financial reports to monitor their income, expenses, and taxes.
04
Non-profit organizations: Non-profits rely on financial reports to demonstrate transparency, accountability, and compliance with regulations. These reports help attract donors and communicate the organization's financial health.
05
Investors and lenders: Financial reports are essential for investors and lenders to evaluate the financial stability and profitability of a company before making investment or lending decisions.
06
Government agencies: Regulatory bodies and tax authorities often require financial reports from businesses to ensure compliance with laws and regulations.
07
Internal stakeholders: Executives, managers, and employees within a company may use financial reports to assess business performance, identify areas for improvement, and make strategic decisions.
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Financial report for first is a document that provides details of an organization's financial performance during a specific period of time, typically the first quarter or first month of the year.
All companies, organizations, and businesses that are required to comply with financial reporting regulations are required to file a financial report for the first quarter or first month of the year.
To fill out a financial report for the first quarter or first month of the year, companies must gather relevant financial information, organize it according to accounting standards, and accurately document income, expenses, assets, and liabilities.
The purpose of a financial report for the first quarter or first month of the year is to provide stakeholders with an overview of an organization's financial performance for that specific period. It helps investors, creditors, and management make informed decisions.
A financial report for the first quarter or first month of the year must include details on revenue, expenses, profit or loss, assets, liabilities, cash flow, and any other relevant financial information.
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