Question

What are companies registered with the Securities & Exchange Commission (SEC) required to include with their...

What are companies registered with the Securities & Exchange Commission (SEC) required to include with their financial reports?

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Answer #1

answer:

  • to the securities and trade commission is an administrative association has tha lawful capacity to build up bookkeeping main and money related announcing necessities for openly held organizations in the unified states.
  • to the SEC additionally surveys the monetary articulations of freely claimed companies to guarantee consistence with its revealing necessities.
  • if a freely possessed partnership neglects to somply with these necessities, the SEC may start lawful activity aganist the organization and the mindful people.
  • the along these lines the SEC implements consistence with sound accounting guidelines that are built up principally by the FASB
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