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ANNUAL QUESTIONNAIRE FARMING 2024Client ___Balance Date ___/___/___ Telephone ___Mobile ___Email ___ Physical Address___ (Include RAPID Number and postcode)___ Engagement of Professional Services
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How to fill out no audit or review

01
Gather all relevant financial documents such as bank statements, invoices, and receipts.
02
Prepare a balance sheet and income statement for the period in question.
03
Verify the accuracy of the financial statements by reconciling with the supporting documentation.
04
Make any necessary adjustments to ensure the financial statements are complete and accurate.
05
Submit the finalized financial statements to the appropriate parties, such as regulators or potential investors.

Who needs no audit or review?

01
Small businesses with limited resources and simple financial transactions may not require an audit or review of their financial statements.
02
Nonprofit organizations that do not receive significant funding from government grants or large donors may also not need an audit or review.
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No audit or review is a type of financial statement that does not require an external audit or review by a third party.
Companies or organizations that meet certain criteria, such as being small or not-for-profit, may be allowed to file a no audit or review.
To fill out a no audit or review, you typically provide financial information and an explanation of why an audit or review was not necessary.
The purpose of a no audit or review is to provide financial information to stakeholders without the cost and time associated with an external audit or review.
Typically, a no audit or review will include a balance sheet, income statement, and cash flow statement.
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