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TRIATHLON ONTARIO FINANCIAL STATEMENTS MARCH 31, 2022INDEX Page 12.Independent Auditor\'s Report3.Statement of Financial Position4.Statement of Earnings and Changes in Net Assets5.Statement of Cash
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Event organizers of the triathlon to track and manage the financial performance of the event.
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Financial statements of triathlon are formal records that outline the financial activities and position of a triathlon organization or event, including income, expenses, assets, and liabilities.
Typically, organizations that operate triathlons, including non-profits and for-profit entities, are required to file financial statements. This may also include any sponsors or stakeholders involved in the event.
To fill out financial statements, gather all financial records, categorize income and expenses, calculate totals, and complete necessary forms, ensuring adherence to applicable accounting standards.
The purpose of financial statements of triathlon is to provide transparency, maintain accountability, inform stakeholders about the financial status and performance, and support decision-making processes.
Financial statements must report details on income, expenses, assets, liabilities, equity, and any relevant notes that explain the financial activities of the triathlon organization.
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