FS Checklist

SECURITIES AND EXCHANGE COMMISSION
FINANCIAL DISCLOSURES CHECKLIST
YES NO N/A Remarks 1. Components of Financial Reports
Does the report contain the following?
• Statement of Management’s Responsibility [ ] [ ] [ ] __________
• Statement of Representation (for first time filing) [ ] [ ] [ ] __________
• Report of Independent Auditor [ ] [ ] [ ] __________
• Comparative Balance Sheets [ ] [ ] [ ] __________
• Comparative Income Statements [ ] [ ] [ ] __________ • Comparative Statements of Changes in Equity [ ] [ ] [ ] __________
• Comparative Cash Flow Statements [ ] [ ] [ ] __________
• General Notes to Financial Statements [ ] [ ] [ ] __________ 2. Are the financial statements stamped
“RECEIVED” by the BIR? [ ] [ ] [ ] __________ 3. Statement of Management’s Responsibility
Did the Chairman of the Board, CEO/President,
CFO/Treasurer, Resident Agent sign the Statement of Management’s Responsibility? [ ] [ ] [ ] __________

Did the statement contain the following information?
• The financial statements have been prepared in conformity with generally accepted accounting principles [ ] [ ] [ ] __________
• Management maintains a system of accounting and reporting which provides for the necessary internal controls [ ] [ ] [ ] __________
• Management has disclosed to the audit committee and to its External Auditor significant deficiencies and weakness on internal control and fraud committed by employees [ ] [ ] [ ] __________
• Board of Directors has reviewed the financial statements [ ] [ ] [ ] __________
• Independent auditors were appointed by the stockholders. [ ] [ ] [ ] For reporting companies under the Securities Regulation Code (SRC)
• Independent auditor has been duly accredited by the SEC [ ] [ ]