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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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What is financial statement audit for?
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.
Who is required to file financial statement audit for?
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.
How to fill out financial statement audit for?
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.
What is the purpose of financial statement audit for?
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.
What information must be reported on financial statement audit for?
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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