STATE OF CALIFORNIA PAFR Year-End Report 2025

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Year-end closing is the process of reviewing and reconciling accounts, adjusting entries (where necessary) and preparing financial statements for the fiscal year. This process is also called closing the books or annual close.
California Annual Report. All California corporations, nonprofits, and LLCs must file a California Statement of Information also called a California Annual Report. This report must be filed with the California Secretary of State each year OR every other year depending on what type of business you own.
Also known as closing the books, year-end closing is the process of reviewing, reconciling, and verifying that all financial transactions and aspects of the company ledgers from the past financial year add up. This involves calculating the business expenses, income, revenue, assets, investments, equity, and more.
Filing Fees for California Annual Reports The cost to file a Statement of Information in California depends on the business structure: Corporations: $25 annual filing fee. LLCs: $20 biennial filing fee.
California Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state.
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Financial reporting is the process of documenting and communicating financial activities and performance over specific time periods, typically on a quarterly or yearly basis. Companies use financial reports to organize accounting data and report on current financial status.
A fiscal year is important for accounting purposes and for preparing annual financial statements. At UCI, the fiscal year begins on July 1 and ends on June 30. Because the fiscal year straddles two different calendar years, the calendar year and fiscal year will not always match.

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