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STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED INTERIM FINANCIAL INFORMATION (UNAUDITED) 30 JUNE 2017AUDITORS REPORT ON THE REVIEW OF THE INTERIM FINANCIAL INFORMATION To the Shareholders and the
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Financial statements are official records that provide an overview of a business's financial condition in both short and long term. They include the balance sheet, income statement, and cash flow statement.
Businesses that are publicly traded or those that meet certain revenue thresholds are typically required to file financial statements. This may also include non-profits and governmental entities.
To fill out financial statements, collect all relevant financial data, categorize expenses and income, and then input this data into the appropriate sections of each financial statement according to established accounting principles.
The purpose of financial statements is to provide stakeholders, including investors, creditors, and management, with a clear understanding of the financial health and operational results of an entity.
Financial statements must report information regarding assets, liabilities, equity, revenue, expenses, and cash flows.
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