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Initiative for progress INPOIndependent Auditors Report and financial individual statements for the year ended December 31, 2019Initiative for progress INPOTABLE OF CONTENTSPAGEAUDITORS REPORT STATEMENT

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What is fy and fy consolidated?

FY (Fiscal Year) refers to a one-year period that companies use for financial reporting and budgeting. FY consolidated typically refers to the consolidated financial statements that combine the financial data of a parent company and its subsidiaries.

Who is required to file fy and fy consolidated?

Companies that meet certain thresholds, including revenue and number of shareholders, are required to file FY and FY consolidated financial statements. This usually includes publicly traded companies and certain private companies.

How to fill out fy and fy consolidated?

To fill out FY and FY consolidated, companies must gather and compile financial data from all subsidiaries and prepare consolidated financial statements, including the balance sheet, income statement, and cash flow statement following the applicable accounting standards.

What is the purpose of fy and fy consolidated?

The purpose of FY and FY consolidated financial statements is to provide stakeholders, including investors and regulators, with a comprehensive view of the company's financial performance and position, reflecting the consolidated results of the parent and all subsidiaries.

What information must be reported on fy and fy consolidated?

Reported information on FY and FY consolidated includes revenue, expenses, net income, assets, liabilities, equity, and cash flows, along with notes that provide additional context and detail about the financial statements.

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