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Faysal Funds Islamic Cash Fund Condensed Interim Financial Statements For The Half Year Ended December 31, 2022 (Unaudited)02 03 Trustee Report to the Unit Holders04Independent Auditors Report to
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01
Gather all financial data for the period from January to June.
02
Prepare a balance sheet as of June 30th, showing assets, liabilities, and equity.
03
Compile an income statement for the six month period ending June 30th, outlining revenues, expenses, and net income.
04
Create a cash flow statement to track the movement of cash in and out of the business during the first half of the year.
05
Review and analyze the financial statements for accuracy and completeness.
06
File the half year ended June financial reports with any necessary regulatory bodies or stakeholders.

Who needs half year ended june?

01
Business owners and stakeholders who want to track the financial performance of the company over a six month period.
02
Investors who are interested in assessing the company's financial health and profitability halfway through the year.
03
Regulatory bodies that require businesses to submit financial reports on a semi-annual basis.
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The half year ended June refers to the financial period that concludes on June 30 of a given year, representing the first six months of the fiscal year.
Corporations, partnerships, and other entities that adhere to a fiscal year reporting structure typically need to file financial statements for the half year ended June.
To fill out the half year ended June, entities must compile financial data for the first half of the fiscal year, complete the required forms, and report revenues, expenses, assets, and liabilities accurately.
The purpose of the half year ended June is to provide stakeholders with a mid-year snapshot of the entity's financial performance and position, allowing for better decision-making.
Financial statements should include income statements, balance sheets, cash flow statements, and notes with explanations of accounting policies and any relevant financial metrics.
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