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Desert Community College DistrictDESERT COMMUNITY COLLEGE DISTRICT January, 2022REQUEST FOR STATEMENT OF QUALIFICATIONS FOR 2022 INFORMAL BIDDING OF CERTAIN CONSTRUCTION PROJECTS BY DESERT COMMUNITY
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Gather all relevant financial documents, such as income statements, balance sheets, and cash flow statements.
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Review the previous financial statements for reference.
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Start with the balance sheet. Include all assets, liabilities, and shareholders' equity as of June 30.
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Financial statements as of June 30 generally consist of the balance sheet, income statement, and cash flow statement prepared by a business or organization for the first half of the year.
Businesses, corporations, and organizations with a fiscal year ending on June 30 are required to file financial statements for that period.
Financial statements for June 30 can be filled out by compiling financial data, reconciling accounts, and preparing the balance sheet, income statement, and cash flow statement according to accounting standards.
The purpose of financial statements for June 30 is to provide stakeholders with an overview of the financial health and performance of a business or organization for the first half of the year.
Financial statements for June 30 must include information on assets, liabilities, equity, revenue, expenses, and cash flows for the period from January 1 to June 30.
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