The New York Final Report and Account is a financial document issued by the state of New York. It is a comprehensive report that details the current financial position of a business or entity. This report includes information such as ownership details, financial statements, asset and liability information, and any other financial data deemed necessary. The report must be filed annually to the New York State Department of Taxation and Finance. There are two types of New York Final Report and Account: the Composite Report and the Fiduciary Report. The Composite Report is for businesses with multiple owners and includes ownership details, financial statements, asset and liability information, and any other financial data necessary. The Fiduciary Report is for entities such as trusts or estates and includes information about the assets and liabilities held by the entity. Both reports provide an overview of the financial position of the entity and must be filed annually to the New York State Department of Taxation and Finance.