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AUDIT REPORT FINANCIAL AND FEDERAL AWARD COMPLIANCE EXAMINATIONFOR THE YEAR ENDED SEPTEMBER 30, 2020AYUDA, INC.CONTENTS PAGE NO. I.Financial Section Financial Statements, for the Year Ended September

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What is fy and fy consolidated?

FY refers to 'Fiscal Year,' which is a one-year period that companies and governments use for financial reporting and budgeting. 'FY consolidated' means the financial statements for a group of companies combined into one report.

Who is required to file fy and fy consolidated?

Entities that have to file FY and FY consolidated typically include corporations, partnerships, and other organizations with a financial obligation to report their financial performance to regulatory authorities or stakeholders.

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To fill out FY and FY consolidated, organizations must compile financial data from all departments or subsidiaries, ensuring that all required documentation is accurate and conforms to accounting principles before submitting.

What is the purpose of fy and fy consolidated?

The purpose of FY and FY consolidated is to provide a comprehensive overview of an organization's financial performance, allowing stakeholders to assess profitability, stability, and compliance with financial regulations.

What information must be reported on fy and fy consolidated?

Information that must be reported typically includes income statements, balance sheets, cash flow statements, notes to financial statements, and any other disclosures required by accounting standards.