Does the uploaded financial statement still need to include the same supplemental schedules that have been required by MHDC in previous years?
Yes. All requirements remain the same as previous years. Please visit our website www.mhdc.com for a listing of schedules required by MHDC. MHDC needs to be able to access the financial statements to read the footnotes and verify various account balances. Q: Does MHDC have a prescribed format for preparing financial statements. A: Yes. MHDC requires the balance sheet and income statement to be prepared in accordance with MHDCs chart of accounts. MHDC has suggested formats available on our website www.mhdc.com which can be downloaded. The income statement containing MHDCs chart of accounts may be submitted as a supplemental schedule.