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Gather all necessary financial documents such as balance sheets, income statements, and cash flow statements.
02
Organize the financial information in a clear and concise manner to make it easier for auditors to review.
03
Review and double-check all figures to ensure accuracy and completeness.
04
Provide any supporting documentation or explanations for any unusual financial transactions.
05
Submit the audited financial statements to the appropriate regulatory body or stakeholders by the deadline.

Who needs audited financial statements and?

01
Corporations that are publicly traded on stock exchanges usually require audited financial statements to provide transparency and accountability to shareholders and investors.
02
Government agencies may require audited financial statements from businesses that receive government funding or grants.
03
Lenders and creditors often request audited financial statements to assess the financial health and creditworthiness of a business before extending a loan or credit.
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Audited financial statements are financial reports that have been examined and verified by an independent auditor to ensure they are accurate and reliable.
Most publicly traded companies, as well as some private companies with significant external stakeholders, are required to file audited financial statements.
Audited financial statements are typically prepared by the company's finance team, with the assistance of an external auditor who reviews the financial information and provides an opinion on its accuracy.
The purpose of audited financial statements is to provide stakeholders, such as investors, creditors, and regulators, with assurance that the company's financial information is accurate and reliable.
Audited financial statements typically include a balance sheet, income statement, statement of cash flows, and notes to the financial statements.
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