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Oklahoma Firefighters Pension and Retirement System2022Annual Comprehensive Financial Report for the Fiscal Years Ended June 30, 2022, and 2021 A Component Unit of the State of Oklahoma Oklahoma Firefighters
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Obtain the financial statement audit template or form from the relevant authority or organization.
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Gather all relevant financial documents such as income statements, balance sheets, and cash flow statements.
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Review and analyze the financial data to ensure accuracy and completeness.
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Prepare supporting documentation for the audit, including any relevant explanations or notes.
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Fill out the financial statement audit form according to the instructions provided.
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Submit the completed financial statement audit form to the appropriate party for review and approval.

Who needs financial statement audit for?

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Businesses looking to obtain financing from banks or investors.
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Any entity seeking to present a clear and accurate picture of their financial performance.
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A financial statement audit is conducted to obtain reasonable assurance that the financial statements are free from material misstatement, enabling stakeholders to make informed decisions.
Publicly traded companies, certain private companies depending on jurisdiction, and organizations seeking external financing or compliance with regulatory requirements are typically required to file a financial statement audit.
Filling out a financial statement audit involves gathering financial data, preparing the financial statements, ensuring compliance with applicable accounting standards, and then having the audit performed by a licensed CPA or audit firm.
The purpose of a financial statement audit is to enhance the credibility of financial statements, assess the accuracy of financial reporting, and ensure compliance with financial regulations and standards.
The audit report must include the auditor's opinion on the fairness of the financial statements, management’s discussion and analysis, and any significant findings or recommendations.
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