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Financial reporting

Financial reportingReviewing Financial information PwCQuick of the document Assets = liabilities and results according to profit and loss statement should be transferred into equity accounts of balance of the company General: Assess the entity's Financial situation and ability to going concern Cash and cash equivalents: How long can the entity continue to operate / risk of running out of cash? Equity: Available earnings from prior years available or is there a loss carried forward? Net revenue: Positive or negative change to last year Gross margin: Positive or negative change to last year? Balance sheet: Significant changes to the previous year? Reasons? Profit and loss statement: Significant changes to the previous year? Reasons? All notes completed in accordance with the requirements of the disclosure according to Swiss Code of ObligationsVirtual Case ExperienceAssurance Academy2 PwCThe accounting frameworkIt is important to be familiar with the accounting framework the company uses for Financial reporting .

have to report in accordance with more than one GAAP, or provide reconciliation from one GAAP to another. Virtual Case Experience Assurance Academy 3. PwC Annual financial reports Virtual Case Experience Assurance Academy 4

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