Handbooks | February 2021

 

Insight

When do SEC regs require acquired business financials?

Updated: Guidance to help navigate financial statement requirements for acquired businesses.


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.

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

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Use our Accounting Research Online for financial reporting resources.

Use our Accounting Research Online for financial reporting resources.