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This document is a Financial and Statistical Report required by the State of Illinois Department of Healthcare and Family Services for long-term care facilities, detailing financial operations, statistical data, and ownership information for the facility Allure of Sterling for the fiscal year ending December 31, 2022.

How to fill out financial and statistical report

How to fill out financial and statistical report

1. Gather all financial documents and data such as invoices, bank statements, and expense reports.
2. Review the reporting guidelines to understand required sections and formats.
3. Start filling out the report with basic information like date and reporting period.
4. Input revenue figures clearly and categorize them by source.
5. Document all expenses in detail, ensuring each is appropriately classified.
6. Calculate net profit or loss by subtracting total expenses from total revenue.
7. Include any statistical data required, such as trends, forecasts, and ratios.
8. Proofread the report for accuracy and completeness.
9. Submit the report to the relevant authority or stakeholders on time.

Who needs financial and statistical report?

1. Business owners and management teams for internal decision-making.
2. Investors and shareholders to evaluate financial health.
3. Banks and financial institutions for loan applications.
4. Regulatory bodies for compliance purposes.
5. External auditors for verification and assessment.
6. Accountants and financial analysts for detailed assessments.

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What is financial and statistical report?

A financial and statistical report is a comprehensive document that presents an organization's financial performance, including balance sheets, income statements, and various statistical metrics, to provide insight into its financial health.

Who is required to file financial and statistical report?

Entities such as public companies, non-profit organizations, and government agencies are typically required to file financial and statistical reports, as dictated by regulatory authorities.

How to fill out financial and statistical report?

To fill out a financial and statistical report, gather the required financial data, ensure accuracy in reporting figures, follow the prescribed format, and include all necessary schedules and documents as required by the filing guidelines.

What is the purpose of financial and statistical report?

The purpose of a financial and statistical report is to provide stakeholders with an overview of an organization's financial status, performance, and compliance with regulations, aiding in decision-making and transparency.

What information must be reported on financial and statistical report?

Information typically required includes revenue, expenses, assets, liabilities, equity, operational statistics, and any other relevant data that reflects the organization's financial activities.