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JEWISH FAMILY & CAREER SERVICES, INC. AND AFFILIATE ___ COMBINED FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR\'S REPORT JUNE 30, 2019, AND 2018 AND SUPPLEMENTARY INFORMATION JUNE 30, 2019JEWISH FAMILY
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How to fill out word linked financial statements

01
Open the Word document containing the financial statements.
02
Review the instructions and guidelines provided by the organization or the template you are using.
03
Fill in the basic information such as the name of the company, the reporting date, and the period covered by the financial statements.
04
Begin by filling out the balance sheet. Enter the assets, liabilities, and equity information in the appropriate sections.
05
Move on to the income statement. Enter the revenues, expenses, and net income (or net loss) for the given period.
06
Complete the statement of cash flows by entering the cash inflows and outflows from operating, investing, and financing activities.
07
If applicable, fill out any additional linked financial statements such as the statement of comprehensive income or the statement of changes in equity.
08
Double-check all the numbers and calculations to ensure accuracy.
09
Save the completed financial statements and keep a backup copy for future reference and auditing purposes.

Who needs word linked financial statements?

01
Business owners and managers need word linked financial statements to assess the financial health of their company and make informed decisions.
02
Investors and shareholders require these statements to evaluate the profitability and performance of the company they have invested in.
03
Lenders and creditors need word linked financial statements to assess the creditworthiness and repayment capacity of the company before extending loans or credit.
04
Financial analysts and consultants use these statements to provide financial advice and insights to their clients.
05
Regulatory bodies and government agencies may require word linked financial statements for regulatory compliance and reporting purposes.
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Word linked financial statements are financial documents that are created using a word processing software, where the data is interconnected and can be easily updated or modified. This allows for consistency and efficiency in preparing financial reports.
Typically, corporations, partnerships, and other businesses that meet specific regulatory requirements must file word linked financial statements, especially if they are required to submit detailed financial disclosures to investors or regulatory agencies.
To fill out word linked financial statements, users should first collect all necessary financial data, open the prepared template in a word processing software, link relevant data fields to the source documents, and ensure that all figures are updated accurately across the statements before saving.
The purpose of word linked financial statements is to provide a comprehensive and easily adjustable financial overview of a business, allowing stakeholders to understand its financial position, performance, and to ensure compliance with reporting standards.
Information typically reported includes the balance sheet, income statement, cash flow statement, statement of changes in equity, and notes to the financial statements, which detail accounting policies and additional required disclosures.
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