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SECTION 51 MANUAL FOR Affinity Funeral(Pty) Ltd (2009/015855/07) INFORMATION REQUIRED UNDER SECTION 51(1)(A) OF THE ACT INTRODUCTION The Promotion of Access to Information Act, 2 of 2000, gives effect
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Compiled in terms of refers to a financial statement that has been prepared by a CPA in accordance with professional standards.
Any entity that needs to provide reliable financial information to stakeholders such as creditors, investors, or regulators may be required to file compiled financial statements.
Compiled financial statements are filled out by a CPA who gathers information from the entity, organizes it into financial statements, and presents them in conformity with accounting principles.
The purpose of compiled financial statements is to provide stakeholders with reliable financial information that can be used for decision-making and assessing the financial health of the entity.
Compiled financial statements typically include a balance sheet, income statement, statement of cash flows, and notes to the financial statements.
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