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OPELOUSASEUNICE PUB LIC LIBRARY DELOUSES, LOUISIANA REVIEW REPORT FOR THE YEAR ENDED DECEMBER 31. 2020TABLE OF CONTENTSIndependent Accountant\'s Review Report13BASIC FINANCIAL STATEMENTS Government
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How to fill out government wide financial statements

01
Gather all financial information from various departments and agencies within the government.
02
Prepare the statement of net position by listing all assets, liabilities, and net assets.
03
Create the statement of activities by detailing all revenues, expenses, gains, and losses.
04
Ensure all information is accurate and in compliance with government accounting standards.
05
Review and verify the financial statements before submitting them for audit.
06
Submit the completed government wide financial statements to the appropriate regulatory bodies.

Who needs government wide financial statements?

01
Government officials and policymakers who need to make informed decisions based on the financial health of the government.
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Taxpayers and citizens who want to understand how their tax dollars are being spent and the overall financial position of the government.
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Creditors and investors who want to assess the creditworthiness and financial stability of the government.
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Auditors and regulators who need to ensure that the government is in compliance with accounting standards and regulations.

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