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SOL PLATE LOCAL MUNICIPALITYINVITATION FOR QUOTATIONS Q006/2021/2022DESKTOP REVIEW OF ANNUAL FINANCIAL STATEMENTS 2020/21SUPPLIER: ___ PHYSICAL TRADING OFFICE ADDRESS: ___ ______ TEL NO: ___CELL NO:___

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What is annual financial statements?

Annual financial statements are a set of documents presenting the financial performance and position of a company for a specific period, typically a year.

Who is required to file annual financial statements?

Companies, including corporations and limited liability companies, are required to file annual financial statements.

How to fill out annual financial statements?

Annual financial statements are typically prepared by the company's accountant or financial team using financial data from the company's records.

What is the purpose of annual financial statements?

The purpose of annual financial statements is to provide stakeholders, including investors, creditors, and regulatory authorities, with information about the financial health and performance of a company.

What information must be reported on annual financial statements?

Annual financial statements typically include a balance sheet, income statement, cash flow statement, and notes to the financial statements.

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