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Arik Air Limited (In Receivership) Annual Report and Financial Statements for the year ended 31 December 2018Table of contents Corporate information Report of the Receiver Manager Statement of Receiver
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Gather all necessary financial documents such as income statements, balance sheets, and cash flow statements.
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Ensure that all financial transactions are accurately recorded and categorized.
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Verify the accuracy of the financial data and ensure all calculations are correct.
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Include any relevant notes or disclosures to provide additional context to the financial statements.
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Have the financial statements reviewed by a certified public accountant (CPA) to ensure compliance with auditing standards.
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Submit the audited financial statements to relevant stakeholders such as investors, creditors, and regulatory bodies.

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It is a formal review of an organization's financial records by a certified public accountant to ensure their accuracy and compliance with laws and regulations.
Publicly traded companies, large private companies, and organizations that receive government funding are typically required to file audited financial statements.
Audited financial statements are typically prepared by the organization's accounting department and reviewed by an external auditor.
The main purpose of audited financial statements is to provide stakeholders with an accurate and reliable representation of an organization's financial position and performance.
Audited financial statements typically include a balance sheet, income statement, statement of cash flows, and notes to the financial statements.
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