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RNA BOARD OF DIRECTORS MEETING Date: July 20, 2021, Time: 5:30 p.m. (via Videoconference)AGENDA A. CALL TO ORDER B. APPROVAL OF AGENDA 1. Motion: THAT the Board approve the July 20, 2021, Agenda as
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Gather all necessary financial documents, such as balance sheets, income statements, and cash flow statements.
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Ensure all information is accurate and up-to-date.
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Prepare the notes to the financial statements, including disclosures about accounting policies and other relevant information.
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Have the financial statements audited by an independent certified public accountant.
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Review the audited financial statements for completeness and accuracy before submission.

Who needs audited financial statements and?

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Publicly traded companies are required by law to have audited financial statements.
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Financial institutions, such as banks, may require audited financial statements before granting loans.
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Investors and shareholders may use audited financial statements to make informed decisions about a company's financial health.
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Audited financial statements are the financial records of a company that have been examined and verified by an independent Certified Public Accountant (CPA) to ensure accuracy and reliability.
Publicly traded companies, certain privately held companies, and non-profit organizations are often required to file audited financial statements.
Audited financial statements are typically filled out by a company's accounting department or hired CPA firm. The process involves gathering financial data, preparing financial statements, and having them reviewed and verified by an independent auditor.
The purpose of audited financial statements is to provide stakeholders, such as investors, regulators, and creditors, with confidence in the accuracy and reliability of a company's financial information.
Audited financial statements typically include a balance sheet, income statement, statement of cash flows, and notes to the financial statements.
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