Regulatory Alerts2019-05-28 | 2019-09472Added
Amendments to Financial Disclosures About Acquired and Disposed Businesses
The Securities and Exchange Commission proposes amendments to Regulation S-X and related rules to modernize financial disclosure requirements for business acquisitions and dispositions. These changes aim to improve the quality of financial information available to investors while reducing the complexity and costs associated with preparing such disclosures. The proposal specifically addresses significance tests, audited financial statement requirements, and pro forma information for general registrants, real estate operations, and investment companies.
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