1110.1 General Requirements for a Domestic Registrant
(Last updated: 10/30/2020)
Required audited financial statements for a domestic registrant, other than an EGC, in registration or proxy statements. See Topic 10 for EGCs.
Smaller Reporting Companies
Reg. S-X [8-02]
Other Reporting Companies  Reg. S-X [3-01, 3-02, 3-04]
Balance Sheet
2 fiscal year-ends
2 fiscal year-ends
Statement of Comprehensive Income
2 years
3 years
Can be presented in a single continuous financial statement or in two separate but consecutive financial statements, composed of the income statement and a separate statement of comprehensive income [ASC 220-10-45-1B]. An entity reporting comprehensive income in a single continuous statement must present its components in two sections, net income and other comprehensive income [ASC 220-10-45-1 and 1A].
Changes in Stockholders' Equity
2 years
3 years
Can be presented in a note to the financial statements.
Cash Flow
2 years
3 years
Presented for same periods as statement of comprehensive income, as required by ASC 230-10-15-3.
1110.2 Exceptions and Special Cases
  1. Unaudited fiscal year-end data may be provided under certain circumstances. [SAB Topic 1C]
  2. A statement of comprehensive income may be omitted if income and expense through the balance sheet date are nominal, but an audited footnote should summarize any activity.
  3. A change in fiscal year requires transition period financial statements. Refer to Section 1360.
1 See Topic 5 for eligibility criteria of Smaller Reporting Companies
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