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Financial Statements ofST. AMANT INC. And Independent Auditors Report thereon Year ended March 31, 2024KPMG LLP 1900 360 Main Street Winnipeg MBTelephone (204) 9571770 Fax (204) 9570808 www.kpmg.caR3C
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01
Gather all financial records for the fiscal year ending March 31, 2024.
02
Ensure all transactions are accurately recorded in the accounting system.
03
Prepare a trial balance to verify that total debits equal total credits.
04
Draft the income statement to show revenues and expenses for the period.
05
Create the balance sheet to reflect the financial position at March 31, 2024.
06
Prepare the cash flow statement to summarize cash inflows and outflows.
07
Compile all necessary notes and disclosures for compliance and clarity.
08
Review all documents for accuracy and completeness.
09
Present the financial statements to the auditors for review.
10
Make any required adjustments based on auditor feedback.
11
Finalize and sign the audited financial statements.

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The March 31, 2024 audited financial statements are a formal record of the financial activities and position of an organization, which have been reviewed and verified by an external auditor.
Generally, publicly-traded companies, certain large private companies, and organizations required by law or regulation to provide transparency are required to file audited financial statements.
Filling out the audited financial statements involves gathering financial data, preparing financial reports according to accounting standards, and having these reports reviewed and verified by an external auditor.
The purpose of these statements is to provide stakeholders with a credible overview of the organization's financial health, operational performance, and compliance with required accounting standards.
The statements must report comprehensive financial information, including the balance sheet, income statement, cash flow statement, and notes to the financial statements.
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