Subsequent Events Policy

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Screenshot of the first page of Subsequent Events Policy

Company management must evaluate upcoming events for potential recognition or disclosure in the financial statements. These events occur after the balance sheet date but before financial statements are issued or are available to be issued, and are not recognized, but should be identified and considered for disclosure within the footnotes of the financial statements.

This sample policy establishes a process to evaluate events that provide evidence about conditions that did not exist at the date of the balance sheet.

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