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OVERSIGHT REPORT ON THE REVIEW OF ANNUAL REPORT 2020/2021 FINANCIAL YEAR Page 1 of 18Mohokare Local Municipality Oversight Report on Annual Report 2020/2022TABLE OF CONTENTS 1. PURPOSE OF THE REPORT
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Annual reports - municipal are financial documents that provide information on the financial activities and status of a municipality for a specific fiscal year.
Municipalities are required to file annual reports to provide transparency and accountability to the public and relevant government authorities.
Annual reports - municipal can be filled out by collecting and organizing financial data such as revenue, expenditures, assets, and liabilities for the fiscal year, and presenting it in a clear and comprehensive manner.
The purpose of annual reports - municipal is to provide stakeholders with an overview of the financial performance and position of a municipality, and to ensure transparency and accountability in financial management.
Annual reports - municipal typically include financial statements such as balance sheet, income statement, cash flow statement, and notes to the financial statements that provide details on the financial activities and status of the municipality.
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