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FINANCIAL REPORTINGTable of Contents Financial Reporting Uniform System of Post Records and Accounts ............................................................................2 Receipts, Expenditures
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Gather all the necessary financial documents, such as income statements, balance sheets, and cash flow statements.
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Financial reporting is the process of disclosing an organization's financial performance to external stakeholders.
Companies, organizations, and entities that are legally obligated to report their financial information in accordance with regulations and standards.
Financial reporting is typically prepared by accountants or financial professionals using financial statements such as balance sheets, income statements, and cash flow statements.
The purpose of financial reporting is to provide stakeholders with an accurate and transparent view of an organization's financial health and performance.
Financial reporting typically includes details on revenues, expenses, assets, liabilities, and equity.
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