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ADDENDUM TO THE BID DOCUMENTS Addendum No:Page: 1#1Issuing Office: MatanuskaSusitna Borough School District (MSBSD) Purchasing Department 690 Cope Industrial Way Palmer, Alaska 99645 Phone: (907)
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What is new parent accounts?
New parent accounts refer to the financial statements or reports that a parent company must create and submit after acquiring or merging with new subsidiaries.
Who is required to file new parent accounts?
Any parent company that has acquired new subsidiaries or made changes to its corporate structure is required to file new parent accounts.
How to fill out new parent accounts?
New parent accounts should be filled out by compiling the financial data of the parent and its subsidiaries, ensuring that all required information is accurately reported according to applicable accounting standards.
What is the purpose of new parent accounts?
The purpose of new parent accounts is to provide a clear and comprehensive overview of the financial position of the parent company and its subsidiaries, facilitating transparency and accountability.
What information must be reported on new parent accounts?
The information that must be reported includes consolidated financial statements, details on subsidiaries, intercompany transactions, and other financial disclosures as required by local regulations.
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