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The primary responsibility for the preparation of financial statements typically falls on management, particularly the finance team in a business. They are tasked with ensuring that the statements accurately reflect the company's financial status. Accountants, in collaboration with the management team, usually oversee the creation of these documents according to regulatory standards. Familiarizing yourself with the Statement Of Financial Responsibility Statement Of Financial Responsibility - Pcci is beneficial for understanding your own roles and responsibilities in these matters.
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