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202223 FINANCIAL REPORTThe FINANCIAL REPORT must be filed with the CSEA Statewide* Treasurer BY JANUARY 1, 2024.For Fiscal Year Ended: September 30, 2023 LONG FORMUSE IF TOTAL INCOME IS MORE THAN
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Gather all necessary financial documents such as income statements, balance sheets, and cash flow statements for the period ending December 31.
02
Organize the information into the appropriate sections of the financial statement template, including assets, liabilities, equity, revenue, and expenses.
03
Calculate important financial ratios and metrics such as net income, current ratio, and return on equity based on the information provided.
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Double-check all calculations and ensure that all numbers are accurate and properly entered into the financial statements.
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Review the completed financial statements for any discrepancies or errors before finalizing and distributing them to relevant parties such as shareholders, investors, and regulators.

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Tax authorities
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Financial statements as of December 31 are formal records of the financial activities and position of a business, organization, or individual at the close of the fiscal year on December 31. They typically include the balance sheet, income statement, and cash flow statement.
Corporations, partnerships, and certain not-for-profit organizations that meet specific regulatory requirements are generally required to file financial statements as of December 31.
Filling out financial statements involves collecting all financial data for the year, organizing it according to accounting principles, and completing the balance sheet, income statement, and cash flow statement accurately.
The purpose of financial statements as of December 31 is to provide stakeholders with an overview of the financial position, performance, and cash flows of the entity at the end of the financial year, helping in informed decision-making.
Financial statements must report assets, liabilities, equity, revenues, expenses, and cash flows. They should be prepared following accepted accounting principles and may also include notes providing additional context.
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