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SCAM BHD [Registration No: 200701021012 (779028H)]
Notes To The Interim Report
For The Financial Quarter Ended 31 January 2023 (Unaudited)Part A Explanatory Notes Pursuant to MFRS 134
A1Basis of Preparation
The
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Gather all necessary financial data including revenue, expenses, assets, and liabilities.
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What is interim financial report for?
An interim financial report is used to provide a timely update on a company's financial performance and position during a specific period, typically covering less than a full fiscal year.
Who is required to file interim financial report for?
Publicly traded companies and certain regulated entities are generally required to file interim financial reports to provide transparency to investors and regulatory bodies.
How to fill out interim financial report for?
To fill out an interim financial report, a company should gather financial data for the reporting period, prepare income statements, balance sheets, and cash flow statements, and ensure compliance with relevant accounting standards and regulatory requirements.
What is the purpose of interim financial report for?
The purpose of an interim financial report is to give stakeholders, including investors, creditors, and management, insights into the company's ongoing financial health and performance before the release of the annual report.
What information must be reported on interim financial report for?
An interim financial report must typically include financial statements (income statement, balance sheet, cash flow statement), disclosures about significant events, and any changes in accounting policies.
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