Tagged: Financial Reporting
Small private companies in the United States are not legally required to follow U.S. GAAP unless it is imposed by lenders, investors, or contractual agreements. However, many companies choose to prepare structured financial statements...
Small private companies in the United States are not required to file periodic reports with the U.S. Securities and Exchange Commission (SEC). However, owners, lenders and other stakeholders still expect reliable, decision-useful financial statements....
SEC Financial Reporting Manual M. SpikEditor 25 years of experience managing tax, accounting, payroll, and employment-related information portals. Editor of Accounting Portal since 2011. Read full bio → www.accountingportal.com/about-m-spik/