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CONDENSED INTERIM FINANCIAL ACCOUNTS (UNAUDITED) For the Period Ended March 31, 202233D2, Block 6, P.E.C.H.S., ShahraheFaisal, Karachi75400 Phone: 021343225569 Email: info@sanaindustries.comCONTENTS
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How to fill out condensed interim financial statements

01
Gather all financial information needed for the interim period.
02
Prepare the condensed balance sheet, income statement, and cash flow statement.
03
Review and analyze the financial data to ensure accuracy and consistency.
04
Include any footnotes or explanations for significant changes or transactions.
05
Obtain approval from management or the board of directors before finalizing the statements.
06
Distribute the condensed interim financial statements to relevant stakeholders.

Who needs condensed interim financial statements?

01
Publicly traded companies are required to prepare condensed interim financial statements for regulatory purposes.
02
Private companies may also need to provide condensed interim financial statements to lenders, investors, or other stakeholders.
03
Management and board members use condensed interim financial statements to monitor the company's financial performance and make informed decisions.
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Condensed interim financial statements are summarized financial reports that provide a company's financial position, performance, and cash flows for a particular interim period, typically less than a full fiscal year.
Publicly traded companies and certain other entities that are required to comply with financial reporting standards must file condensed interim financial statements, usually on a quarterly basis.
To fill out condensed interim financial statements, companies should compile financial data for the interim period, ensuring consistency with annual financial statements, and follow the guidelines set by relevant accounting standards like IFRS or GAAP.
The purpose of condensed interim financial statements is to provide timely and relevant financial information to stakeholders, helping them assess the company's financial health and performance between annual reporting periods.
Condensed interim financial statements must report key financial information, including condensed balance sheets, income statements, cash flow statements, and disclosures about significant events and changes in accounting policies.
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