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Boston Architectural College Annual Report (Master of Architecture) Printed Date: 20240604SECTION 1: GOVERNING ORGANIZATION INFORMATIONAnnual Report (Master of Architecture) : Annual Report : SECTION
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01
Gather all relevant financial documents for the fiscal year 2022.
02
Prepare a balance sheet showing assets, liabilities, and equity as of the end of the fiscal year.
03
Create an income statement detailing revenues, expenses, and net profit or loss for the fiscal year.
04
Compile cash flow statement showing the inflow and outflow of cash during the fiscal year.
05
Include any relevant notes or disclosures related to the financial statements.
06
Have the financial statements audited by a certified public accountant to ensure accuracy.

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FY audited financial statements are financial reports that have been inspected and verified by an independent auditor for a specific fiscal year.
Publicly traded companies, large corporations, and certain organizations may be required by law or regulations to file FY audited financial statements.
FY audited financial statements are typically filled out by a company's finance department with the assistance of an external auditor. The process involves gathering financial data, preparing financial statements, and then having them audited.
The purpose of FY audited financial statements is to provide stakeholders with accurate and reliable information about the financial health and performance of a company. This information helps investors, creditors, and others make informed decisions.
FY audited financial statements typically include a balance sheet, income statement, cash flow statement, and notes to the financial statements. They must also adhere to accounting standards and regulations.
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