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THIS FORM IS EFFECTIVE FOR ACCOUNTING PERIODS BEGINNING JANUARY 1, 2015 If you are filing for a prior accounting period, contact the Licensing Division for the correct form.STATEMENT OF ACCOUNT for
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01
Determine the start date of the accounting period.
02
Gather all financial transactions and records within the accounting period.
03
Reconcile and verify the accuracy of the financial data.
04
Prepare financial statements for the accounting period.
05
Submit the completed accounting period to relevant stakeholders or authorities.

Who needs accounting period covered by?

01
Business owners and stakeholders who require accurate financial information to make informed decisions.
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Tax authorities who need to assess and audit financial records for tax purposes.
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Investors and creditors who want to evaluate the financial performance and stability of a company.
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Regulatory bodies that oversee financial reporting and compliance.
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The accounting period is typically covered by a specific time frame, such as a month, quarter, or year, during which financial transactions are recorded and reported.
Businesses, corporations, and individuals who are required to report their income and financial activities to tax authorities must file for the accounting period covered.
To fill out the accounting period covered by, individuals or businesses must complete the required forms provided by the tax authority, detailing all relevant financial activities for the specified period.
The purpose of the accounting period covered is to standardize financial reporting, making it easier to track income, expenses, and overall financial health over time.
Information that must be reported includes total income, allowable expenses, tax credits, and any other relevant financial transactions for the accounting period.
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