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PAK OMAN INVESTMENT COMPANY LIMITEDCONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS (UNAUDITED) FOR THE FIRST QUARTER ENDED 31 MARCH 20222 Pak Oman Investment Company Limited Consolidated Condensed
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A review of condensed interim is an evaluation of a company's temporary financial statements, which includes the balance sheet and income statement, typically conducted by an independent auditor to provide limited assurance on their accuracy.
Public companies and other entities that are required to report their financial results on a regular basis, often on a quarterly basis, are generally required to file a review of condensed interim.
To fill out a review of condensed interim, the company should prepare its condensed financial statements in accordance with applicable accounting standards, ensuring that all necessary disclosures are included, and then submit them for an independent review.
The purpose of the review of condensed interim is to provide stakeholders with an updated assessment of a company's financial performance and position, offering limited assurance that the interim financial statements are free from material misstatement.
The review of condensed interim must report the condensed financial statements, relevant notes, and the auditor's review report, including any significant findings from the review process.
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