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Financial StatementsVIBE Arts (formerly Arts for Children and Youth) August 31, 2015WILLIAM MOLSON CPA, CA2335 Queen Street East Toronto ON M4E 1H1 Canada Tel: 416 930 1651 Fax: 416 694 5141INDEPENDENT
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Gather all necessary financial documents such as bank statements, income statements, and balance sheets.
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2 financial statements refer to the balance sheet and income statement that summarize a company's financial position and performance.
Companies, organizations, and businesses are required to file 2 financial statements to report their financial performance to stakeholders.
To fill out 2 financial statements, gather information on assets, liabilities, revenues, and expenses, and accurately report them on the balance sheet and income statement.
The purpose of 2 financial statements is to provide investors, creditors, and other stakeholders with information about a company’s financial health and performance.
Information on assets, liabilities, equity, revenues, and expenses must be reported on 2 financial statements.
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