Regulation S-X

Regulation S-X is a set of rules established by the U.S. Securities and Exchange Commission (SEC) that governs the form and content of financial statements filed with the SEC. These regulations are primarily aimed at ensuring transparency, accuracy, and consistency in financial reporting by companies that are required to file financial statements with the SEC, such as publicly traded companies.

Key provisions of Regulation S-X include requirements for the presentation and disclosure of financial information in various SEC filings, including annual and quarterly reports (such as Forms 10-K and 10-Q), registration statements, and other documents submitted by companies to the SEC. The regulation specifies the content and format of financial statements, including balance sheets, income statements, cash flow statements, and footnotes.

Regulation S-X also outlines specific rules and guidelines for accounting practices, auditing standards, and the disclosure of related-party transactions to ensure that investors have access to accurate and reliable financial information when making investment decisions.

Overall, Regulation S-X plays a crucial role in maintaining the integrity of financial reporting and enhancing investor confidence in the securities markets by establishing clear standards for the preparation and presentation of financial statements filed with the SEC.

See The Securities Act of 1933, The Exchange Act of 1934, The Trust Indenture Act of 1939, The Investment Advisers Act of 1940, The Investment Company Act of 1940, and Regulations S-K and S-X. See also Other Federal Securities Laws and Rules.

See also Bookkeeping, Financial Statements, Reg. S-X, Revenue, Total Enterprise Value, Book Value, Distinguishing Revenue and Free Cash Flow, and Distinguishing Revenue and FFO.