Yes depreciation schedule is required to disclose for the better understanding for the reader of the books of accounts.
A Partnership firm is not required to file audited financial statements with the Ministry of Corporate Affairs each year. Therefore, audit of financial statements is not required. However, tax audit may be required for a Partnership firm if the turnover exceeds prescribed limits.
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all types of accounting information disclosed in financial statements are important. it is legal and mandatory in many countries . also the ISAAB board under IAs 700 the report formats dictates a lot of expressions and disclosures required .
Subsidiary companies are also part of group of companies so parent company is required to show the financial statements of group as a whole so that's why consolidated financial statements are prepared
If it is a publicly held entity they should post the financial statements on their website or provide a copy if you request one. (They are required to provide them.) If it is a privately held entity then you have to ask very politely and have a valid reason as to why you would need them. (They are NOT required to provide them.)
To cite financial statements in academic research, follow the guidelines of the citation style required by your institution, such as APA or MLA. Include the name of the company, the title of the financial statement, the publication date, and the URL or database where it was accessed.
Usually at the end of the financial period. It depends on the regulations of the country as well. In Singapore, companies are required to submit financial statements quarterly.
profit public companies dealing in the money markets required to provide Comparative balance sheet,profit and loss , cashflow statements.
Publicly owned companies are required to file quarterly financial statements and the company's external public auditor is required to perform a review at the end of the first three quarters
As of my last knowledge update in October 2023, specific net worth figures for private companies like Timex Corporation are not publicly disclosed, as they are not required to share their financial statements. Timex is privately held and primarily known for its watches, but detailed financial information, including net worth, can vary and is often not available. For the most accurate and current financial information, it's best to consult financial news sources or industry reports.