What is SEC Regulation S-X applicable to?
Regulation S-X is a U.S. Securities and Exchange Commission rule that covers annual reports from companies.
What is Regulation S-X Article 11?
Article 11 of Regulation S-X provides the SEC’s requirements for the presentation of pro forma condensed financial information regarding significant business combinations that have occurred during the most recent fiscal year or subsequent interim periods.
What is a significant subsidiary under Reg SX?
(1) The term significant subsidiary means a subsidiary, including its subsidiaries, which meets any of the conditions in paragraph (w)(1)(i), (ii), or (iii) of this section; however if the registrant is a registered investment company or a business development company, the tested subsidiary meets any of the conditions …
What is Rule 3 05 Regulation SX?
Rule 3-05 of Regulation S-X, which generally requires a registrant to provide separate audited annual and unaudited interim pre-acquisition financial statements of an acquired or to be acquired business, and Rule 3-14 of Regulation S-X, which similarly requires a registrant to provide financial statements for acquired …
What is Reg St?
Regulation S-T outlines rules and procedures pertaining to the Securities and Exchange Commission’s (SEC) Electronic Data Gathering, Analysis and Retrieval (EDGAR) system, by which domestic registrants, foreign private issuers and foreign governments must submit reports, schedules, forms and other filings …
What is a 5 year pro forma?
Calculating a five-year pro forma is very much like calculating a one-year pro forma, only it covers a more extended period of time. A document predicting five years’ worth of sales and cash flow is bound to be considerably less accurate than one predicting only a single year.
What are Rule 3 05 financial statements?
What is covered by Regulation SK?
A set of SEC rules that set out the detailed disclosure requirements (other than financial statements) applicable to registration statements, periodic reports, proxy statements and other filings under the Securities Act and the Exchange Act.