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

Subscribe to our newsletter

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

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

Accounting Research Online

Access our accounting research website for additional resources for your financial reporting needs.

Access our accounting research website for additional resources for your financial reporting needs.