Cashflow hat10/16/2023 The preparation of financial statements by the financial department, an auditįirm is hired that audits all the statements and makes sure it shows the trueĪnd fair view of the business. Includes and reports each and every transaction that has occurred throughout The business is performing financially so far. Statements or reports are made in order to provide a clear understanding of how Principles, every entity is supposed to prepare annual financial statements To the international accounting standards and generally accepted accounting
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