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BOROUGH OF MUNHALL ANNUAL AUDIT AND FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2021BOROUGH OF MUNHALL TABLE OF CONTENTSPAGE INDEPENDENT AUDITORS REPORT. .....................................................................................................

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Comprehensive financial statements are a set of financial reports that provide a complete overview of a company's financial performance and position, including the income statement, balance sheet, cash flow statement, and comprehensive income statement, which includes all changes in equity that are not a result of transactions with owners.

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Comprehensive financial statements must report key financial information such as revenue, expenses, assets, liabilities, equity, net income, other comprehensive income, and cash flows from operating, investing, and financing activities.

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