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.


  • 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.

Accounting Research Online

Visit KPMG's accounting research website for additional resources for your financial reporting needs.