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Model Annual Report Tier 2 (Simplified Disclosures) Agency the year ended 30 June 2023Setting the sceneForewordSignificant changes to the Models Model Annual Report (the Model) has been designed to
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Tier 2 simplified disclosures refer to a reduced set of financial information that certain companies can provide to the public. It is less extensive than full financial disclosures.
Companies that meet certain qualifications, such as having less than a certain amount of revenue, are often required to file tier 2 simplified disclosures.
To fill out tier 2 simplified disclosures, companies typically need to provide basic financial information such as revenue, expenses, and cash flow.
The purpose of tier 2 simplified disclosures is to provide investors and the public with a snapshot of a company's financial health without requiring a full set of financial statements.
Information such as revenue, expenses, cash flow, and any significant events that may impact the company's financial position must be reported on tier 2 simplified disclosures.
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