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2021ANNUAL REPORT2021ANNUAL REPORTReception: (506) 6437710 Toll Free: 18668769666 Email: info@nbibcanb.org Website: www.nbibcanb.org 15 Market Square, Suite 601 Saint John, NB E2L 1E8 CanadaPhoto
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Gather all financial documents such as income statements, balance sheets, and cash flow statements.
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Financial statements are formal records of the financial activities and position of a business, person, or other entity, typically including balance sheets, income statements, and cash flow statements.
Businesses, organizations, and individuals that are required to comply with financial reporting regulations or standards may be required to file financial statements.
Financial statements are typically filled out by accounting professionals based on the financial data and transactions of the entity. It is important to follow accounting standards and guidelines when preparing financial statements.
The purpose of financial statements is to provide stakeholders with insight into the financial performance and position of an entity. They are used for decision-making, assessing financial health, and comparing performance.
Financial statements typically include information such as assets, liabilities, equity, income, expenses, and cash flows. The specific reporting requirements may vary based on accounting standards.
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