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TO PAINT (THAILAND) PUBLIC COMPANY LIMITEDINTERIM CONSOLIDATED AND SEPARATE FINANCIAL INFORMATION (UNAUDITED) 30 JUNE 2022AUDITORS REPORT ON THE REVIEW OF THE INTERIM FINANCIAL Information the Shareholders

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What is financial statements and auditors?

Financial statements are structured reports that summarize the financial activities and position of a business, individual, or entity. Auditors are professionals who evaluate and examine these financial statements to ensure accuracy and compliance with accounting standards.

Who is required to file financial statements and auditors?

Generally, publicly traded companies, certain private companies, non-profit organizations, and businesses that meet specific size criteria are required to file financial statements. Additionally, entities subject to regulatory oversight may also require an auditor's examination.

How to fill out financial statements and auditors?

To fill out financial statements, entities must gather relevant financial data, including income, expenses, assets, and liabilities. This information is then organized into standard formats such as the balance sheet, income statement, and cash flow statement. Auditors typically conduct reviews by examining these documents and supporting evidence to provide an opinion on their accuracy.

What is the purpose of financial statements and auditors?

The purpose of financial statements is to provide stakeholders with a clear view of the financial health of a business. Auditors add credibility to these statements by verifying their accuracy and compliance with established accounting principles, thereby enhancing investor confidence.

What information must be reported on financial statements and auditors?

Financial statements must report on elements such as revenue, expenses, net income, assets, liabilities, equity, and cash flows. Auditors must report their findings, including any discrepancies or areas of concern regarding the financial statements.

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