$13414$ SO$1($AC$1),($AC$2),($AC$3),($AC$4)$

$1\mathrm{.}1$ COLLECT the information needed to prepare financial statements of your organisation:

$1\mathrm{.}1\mathrm{.}1$ DRAW up a checklist of all the information you will required to prepare financial statements according to generally accepted accounting principles

$1\mathrm{.}1\mathrm{.}2$ IDENTIFY where you will get the required information identified in the checklist

$1\mathrm{.}1\mathrm{.}3$ COLLECT all the required information as per the checklist. IDENTIFY gaps between the information required and information acquired and collect all the additional information