Handbook  |  January 2019

When do you need acquired business financials in a prospectus?

KPMG teams up with Latham & Watkins to provide the guide to acquired business financial statements. This desktop reference provides the financial statements of a newly acquired business required in a prospectus.

Applicability

  • Companies with a newly acquired business that will be filing a prospectus in conjunction with a securities offering.

Relevant dates

  • Effectively immediately

Key impacts

  • Provides guidance on the financial statement requirements of a newly acquired business that have to be included in a prospectus.

Report contents

  • General rule
  • Here's what you need in order to get your answer
  • The SEC definition of significant (S-X Rules 3-05 and 1-02(w))
  •  Additional resources
                

Related content


 

 

Subscribe to our newsletter

Receive timely updates on accounting and financial reporting topics from KPMG.



AOR

Visit KPMG's Accounting Research Online for financial reporting resources.