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THE SAN FRANCISCO LESBIAN GAY BISEXUAL TRANSGENDER COMMUNITY CENTER FINANCIAL STATEMENTS June 30, 2015 (WITH COMPARATIVE TOTALS AS OF JUNE 30, 2014)C ROSBY & KANEDA Certified Public AccountantsDedicated
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01
Gather all the necessary financial documents for the year 2014 including income statements, balance sheets, and cash flow statements.
02
Make sure the financial statements are prepared by a certified public accountant.
03
Ensure all the numbers in the financial statements are accurate and properly categorized.
04
Include any necessary footnotes or disclosures required by accounting standards.
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Have the financial statements reviewed by an audit committee or board of directors.
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01
Investors looking to make informed decisions about investing in a company.
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Creditors needing assurance about a company's financial health before extending credit.
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Regulatory authorities requiring audited financial statements for compliance purposes.
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Board of directors or audit committee members overseeing the financial management of a company.
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What is audited-financial-statements?
Audited financial statements are financial reports that have been examined by an independent auditor to ensure their accuracy and compliance with accounting standards.
Who is required to file audited-financial-statements?
Typically, publicly traded companies, large private companies, and organizations that meet certain criteria defined by regulatory bodies are required to file audited financial statements.
How to fill out audited-financial-statements?
Filling out audited financial statements involves compiling accurate financial data, adhering to prescribed accounting standards, and ensuring all disclosures are made, after which an independent auditor reviews them.
What is the purpose of audited-financial-statements?
The purpose of audited financial statements is to provide assurance to stakeholders that the financial statements are free from material misstatement and fairly present the company's financial position.
What information must be reported on audited-financial-statements?
Audited financial statements typically report the balance sheet, income statement, cash flow statement, and statement of changes in equity, along with accompanying notes and disclosures.
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