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STATEMENT OF RESPONSIBILITY September 30, 2023Statement of Management Responsibility by Senior Officials Management is responsible for the preparation and fair presentation of these quarterly financial statements
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Brandeis University financial statements are official records that provide an overview of the university's financial status, including its assets, liabilities, revenue, and expenses over a specific period.
Brandeis University, as a nonprofit institution, is required to file financial statements in accordance with federal and state regulations, including the IRS Form 990 for tax-exempt organizations.
Filling out Brandeis University financial statements involves gathering financial data, categorizing it correctly, and following the reporting formats specified by the accounting standards and regulatory requirements.
The purpose of Brandeis University financial statements is to provide transparency about the university's financial health to stakeholders, including donors, regulators, and the public, and to aid in decision-making.
Brandeis University financial statements must report on assets, liabilities, net assets, revenues, expenses, and cash flows, along with notes that provide additional context and explanations.
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