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FY 202122 Infrastructure Canada Financial Statements (unaudited) For the year ended March 31, 2022Infrastructure Canada Statement of Management Responsibility Including Internal Control Over Financial

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What is financial statements unaudited?

Unaudited financial statements are financial reports that have not been examined or verified by an independent auditor, which means they may not provide as high a level of assurance regarding their accuracy and completeness compared to audited statements.

Who is required to file financial statements unaudited?

Entities such as small businesses, nonprofits, and individuals who are not legally obligated to have their financial statements audited may file unaudited financial statements. Requirements can vary based on jurisdiction and specific regulations.

How to fill out financial statements unaudited?

To fill out unaudited financial statements, one should gather financial data, prepare relevant forms (like balance sheets, income statements, and cash flow statements), ensure accuracy, and ensure it adheres to applicable accounting standards.

What is the purpose of financial statements unaudited?

The purpose of unaudited financial statements is to provide stakeholders with a snapshot of the financial position and performance of an entity without the cost and complexity of an audit, while still offering useful financial information.

What information must be reported on financial statements unaudited?

Unaudited financial statements typically include the balance sheet, income statement, cash flow statement, and notes on accounting policies, significant transactions, and any other relevant financial information.

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