Subsequent Events Consideration Flashcards
1
Q
When do SEC filers and Non filers disclose subsequent events on their issued FS?
A
SEC filers must review subsequent events through the date the FS have been widely distributed to FS users. Entities that file with the SEC are not required to disclose the date through which subsequent events have been evaluated.
Non filers must review subsequent events through the date the FS are available to be issued to users. Non files are required to disclose the date through which subsequent events have been evaluated.
