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FEDERATED STATES OF MICRONESIA COMBINED FINANCIAL STATEMENTS AND INDEPENDENT ACCOUNTANTS COMPILATION REPORT SEPTEMBER 30, 2013, Deloitte & Touch LLP 361 South Marine Corps Drive Tuning, GU 969133911

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How to fill out independent accountants compilation report

How to Fill Out Independent Accountants Compilation Report:

01

Gather all the necessary financial statements and records of the company being compiled.

02

Review and analyze the financial statements to ensure accuracy and completeness.

03

Prepare the compilation report, including the necessary disclosures and disclaimers.

04

Include a description of the compilation process and any limitations on the scope of the work performed.

05

Sign and date the compilation report, indicating the dates of the financial statements being compiled.

06

Deliver the compilation report to the appropriate parties, such as management or shareholders.

Who Needs Independent Accountants Compilation Report:

01

Small businesses and privately-held companies often require independent accountants compilation reports for various purposes, including internal use, financial planning, or compliance with lending agreements.

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Non-profit organizations may need compilation reports to demonstrate financial transparency to donors, grantors, or regulatory authorities.

03

Government agencies or municipalities may request compilation reports from contractors or vendors as part of the procurement process or to ensure compliance with financial regulations.

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