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5/18/2020DEADLINEYEAR END2020DEADLINESACTIVITYINSTRUCTIONSCENTRAL OFFICE Contaminates in red are AAU SSC deadlines, ensure RT tickets are submitted by COB on the specified date listed in red. Dates

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How to fill out year end

01

Gather all financial records for the year including income statements, balance sheets, and expense reports.

02

Verify the accuracy of all financial data and transactions that occurred throughout the year.

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Calculate any necessary adjustments such as depreciation or accruals.

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Prepare financial statements including the income statement, balance sheet, and cash flow statement.

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Review and analyze financial statements to ensure compliance with accounting standards and regulations.

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File any necessary tax documents and reports with the appropriate authorities before the deadline.

Who needs year end?

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Individuals who need to file taxes for the year

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Businesses required to report financial performance to stakeholders

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Organizations seeking to evaluate their financial health and make strategic decisions based on year-end data

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What is year end?

Year end is the end of a company's fiscal year, where financial statements are prepared and taxes are filed.

Who is required to file year end?

All businesses, including corporations, partnerships, and sole proprietors, are required to file year end.

How to fill out year end?

Year end is filled out by preparing financial statements, reconciling accounts, and submitting tax returns.

What is the purpose of year end?

The purpose of year end is to summarize the financial activities of a business for the year and calculate taxes owed.

What information must be reported on year end?

Information such as revenue, expenses, assets, liabilities, and equity must be reported on year end.

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