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THEEWATERSKLOOF LOCAL MUNICIPALITYUNAUDITED ANNUAL FINANCIAL STATEMENTS 30 JUNE 2019THEEWATERSKLOOF LOCAL MUNICIPALITY INDEX ContentPageGeneral Information12Approval of the Financial Statements3Statement
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How to fill out unaudited financial statements

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Start by gathering all relevant financial information, such as income statements, balance sheets, and cash flow statements.
02
Review and verify the accuracy of the financial information to ensure it reflects the true financial position of the company.
03
Organize the financial statements in the required format, which may vary depending on the regulations or standards applicable to your company or jurisdiction.
04
Clearly label each section and line item of the financial statements to provide transparency and make it easier for readers to understand.
05
Ensure that all amounts are recorded accurately and are supported by appropriate documentation.
06
Include any necessary disclosures or notes to the financial statements, such as significant accounting policies or contingent liabilities.
07
Reconcile any discrepancies and ensure the financial statements are balanced.
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Double-check for any typographical errors or mistakes before finalizing the unaudited financial statements.
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Distribute the unaudited financial statements to relevant stakeholders, such as shareholders, investors, or regulatory authorities.
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Consider seeking professional advice or assistance if you are unsure about any aspect of filling out unaudited financial statements.

Who needs unaudited financial statements?

01
Small businesses or startups that may not have the resources or requirement for a full-scale audit.
02
Private companies that are not legally obligated to have audited financial statements.
03
Internal management or shareholders who want to assess the financial performance and position of the company.
04
Lenders or creditors who want to evaluate the creditworthiness of a company before extending loans or credit.
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Potential investors or acquirers who need financial information to make informed investment decisions.
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Regulatory authorities or government agencies that require financial statements for compliance or monitoring purposes.
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Unaudited financial statements are financial reports that have not been reviewed or verified by external auditors, meaning they may not adhere to Generally Accepted Accounting Principles (GAAP) and may not be fully reliable.
Typically, small businesses and private companies, which are not required to have their financial statements audited, must file unaudited financial statements. Regulatory guidelines may vary by jurisdiction.
To fill out unaudited financial statements, gather all relevant financial data, such as income, expenses, assets, and liabilities, and present them in standard financial statement formats like the balance sheet and income statement without external validation.
The purpose of unaudited financial statements is to provide a clear financial overview of a company's performance and financial position for internal use, stakeholders, or to fulfill specific regulatory requirements without the costs associated with an audit.
Unaudited financial statements usually report information such as revenue, expenses, net income, total assets, total liabilities, and equity. Detailed notes may also be included to clarify certain financial metrics.
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