Rule 3-05

Summary of Required Financial Statements of Businesses Acquired or to Be Acquired

Rule 3-05 of Regulation S-X requires audited financial statements to be filed for a significant business (or a significant group of related businesses) that has been acquired or the acquisition of which is probable. This article, written by Bruce Czachor and Stephen Ashley, discusses the specific financial statements required, as well as the situations in which they need to be included. Click here to read more.