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Extended to November 15, 2022, FormReturn of Private Foundation990PFOMB No. 15450047or Section 4947(a)(1) Trust Treated as Private Foundation | Do not enter social security numbers on this form as

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Who needs audited financial statements?

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Publicly traded companies required by law to provide audited financial statements to shareholders and regulatory bodies.

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What is audited financial statements?

Audited financial statements are financial reports that have been reviewed and verified by an independent auditor to ensure accuracy and compliance with regulations.

Who is required to file audited financial statements?

Publicly traded companies and certain privately held companies may be required to file audited financial statements as per regulatory requirements or agreements with stakeholders.

How to fill out audited financial statements?

Audited financial statements are typically filled out by the company's accountant or financial team with the assistance of an independent auditor who reviews and verifies the information provided.

What is the purpose of audited financial statements?

The purpose of audited financial statements is to provide stakeholders, such as investors, lenders, and regulators, with accurate and reliable information about the financial health and performance of a company.

What information must be reported on audited financial statements?

Audited financial statements typically include a balance sheet, income statement, statement of cash flows, and notes to the financial statements which provide detailed explanations and disclosures.

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