Financial statement bir. Commonly a financial statement is complex and detailed in every relevant item and accompanied by financial management discussion and analysis. These records can be used for various purposes like calculating the profit generated or loss incurred by the organization. And b shall not be liable for any errors incompleteness interruption or delay action taken in reliance on any data or for any damages resulting therefrom.
Bir audited financial statements when mandatory. 3 cash flow statements. And 4 statements of shareholders equity.
1702 and to be accomplished by corporations and partnerships which contains the taxpayers business profile information and other relevant data to be lifted from the audited financial statements. 2307 in dvd r with sworn declaration per revenue regulation no. Financial statements are a collection of summary level reports about an organizations financial results financial position and cash flows.
Scanned bir form nos. Securities and exchange commission. Sec requires this stamping as proof of your submission to bir.
Tidyform provides a large number of free and hand picked personal financial statement form which can be used for small medium and large sized enterprises. Your audited financial statements should be attached to your annual income tax return with the bir. By this post let us answer the question of smes on whether or not financial statements are mandated to be audited by an independent certified public accountant.
20 sample financial statement templates a financial statement is a record of all the financial activities that have taken place in your organization. Be sure to have at least 2 extra copies of them and stamped received. Six financial information a does not make any express or implied warranties of any kind regarding the data including without limitation any warranty of merchantability or fitness for a particular purpose or use.
A revised form designed in line with the bir integrated tax system its to be used as attachment to bir form no. They are useful for the following reasons. To determine the ability of a business to generate cash and the sources and uses of that cash.
You can find practical colorful files in word excel powerpoint and pdf formats.