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Contact: 09 373 4544 info@adsettbraddock.co.nzBUSINESS CHECKLIST RE DOCUMENTS & INFORMATION FOR FINANCIAL STATEMENTS AND TAX RETURN PREPARATION FOR A LIMITED COMPANY OR SOLE TRADER (Document and information
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Business financial statements are formal records that outline the financial activities and position of a business. They typically include the balance sheet, income statement, and cash flow statement.
Generally, corporations, partnerships, and businesses that meet certain size thresholds or have specific regulatory obligations are required to file business financial statements.
To fill out business financial statements, businesses must gather financial data, categorize it, and follow standardized formats to report their financial position, performance, and cash flows.
The purpose of business financial statements is to provide stakeholders, such as investors, creditors, and regulators, with information about the company's financial health and performance.
Business financial statements must report information including assets, liabilities, equity, revenue, expenses, and cash flows.
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