statement of affairs is a__________?
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A statement of affairs is a *document detailing a company's assets and liabilities*. Generally prepared by a liquidator or appointed professional during certain insolvency proceedings,the document is later registered at companies House, where it becomes available for public view.
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A Statement of Affairs - or a SOA - is a document typically prepared by an accountant, which details a company's assets and liabilities. It is designed to provide an overview of the company's financial position and is particularly useful during when a com. Insolvency.
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