External Reporting (SEC)
In addition to responsibilities for compliance with technical accounting guidance and, external reporting professionals are charged with monitoring, researching and assessing the impact of new GAAP/SEC pronouncements at a time when the FASB is consolidating accounting guidance to a codified model. Disclosure requirements are increasing, the timeframe to file quarterly and annual reports has been reduced, the SEC has recently launched their XBRL and tagged data initiatives and a shifting away from US GAAP and towards IFRS may be in our future.
Public company management realize the time commitment and expense that can be associated with the quarterly 10-Q and annual 10-K report preparation and filing. Small reporting companies are particularly vulnerable to these onerous requirements and expenses. ICAFE-MN can help! Whether you need
10-Q/10-K preparation assistance or another set of experienced eyes to perform a QA review and tieout, we are prepared to assist you.
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