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City of Bamboo REQUEST FOR PROPOSALS PROJECT NAME:Financial Auditing Services for the City of Bamboo from December 31, 2020, December 31, 2024DATE OF ISSUANCE: July 10, 2020, PROPOSALS DUE:September
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Gather all relevant financial documents such as balance sheets, income statements, and cash flow statements.
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Check if there are any specific requirements or guidelines provided by regulatory bodies or stakeholders on how the financial statements should be prepared.
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Ensure that all financial information is accurate and up-to-date.
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Review and analyze the financial data to identify any errors or inconsistencies.
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Have the financial statements reviewed by an independent auditor for verification and validation.
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Make any necessary revisions or corrections based on the auditor's feedback.
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Who needs audited financial statements?

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Publicly traded companies that are required by law to provide audited financial statements to shareholders and regulatory bodies.
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Private companies seeking investments or loans from banks or investors who may require audited financial statements as part of their due diligence process.
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Nonprofit organizations and government entities that need to demonstrate transparency and accountability to their donors, funders, and the public.
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Audited financial statements are financial reports that have been examined and verified by an independent auditor.
Publicly traded companies and certain private companies are required to file audited financial statements.
Audited financial statements are typically prepared by a company's accounting department and then reviewed by an independent auditor.
The purpose of audited financial statements is to provide assurance to stakeholders that the company's financial information is accurate and reliable.
Audited financial statements typically include a balance sheet, income statement, cash flow statement, and notes to the financial statements.
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