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TheAscensionoftheLord June2,2019 Godmountshisthroneamidshoutsofjoy;theLord,amidtrumpetblasts.Psalm47:6OUR LADY OF GOOD COUNSEL PARISH 10460 139 Street, Surrey, BC V3T 4L5Phone: Fax:(604) 5814141 (604)

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Prep principals, or pre-preparation principles, refer to guidelines and standards established to ensure accurate and consistent reporting of financial information by businesses and organizations.

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Entities that are obligated to report their financial data in accordance with specific regulatory standards or accounting frameworks are required to file prep principals.

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Information such as financial statements, revenue details, expense accounts, and any relevant disclosures must be reported on prep principals, adhering to the regulatory requirements.

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