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What is financial statements and oformr?
Financial statements are reports that provide information about a company's financial performance, including the balance sheet, income statement, and cash flow statement. Oformr is a standardized form used for reporting financial information.
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Companies, businesses, and organizations are required to file financial statements and oformr.
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The purpose of financial statements and oformr is to provide stakeholders with detailed information about a company's financial health, performance, and position.
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Financial statements and oformr must report information such as assets, liabilities, equity, revenues, expenses, and cash flows.
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