Disclosure and Mid-sized companies: Difference between pages

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1. ''Financial reporting''.  
Smaller, large companies.


Additional accounting information provided to aid the interpretation of the primary financial statements.
Often firms are classified as small, medium or large. Different definitions of the categories apply for different purposes, in different jurisdictions and in formal and informal use.


A common grouping is [[Small and Medium-sized Enterprises]] (SMEs). They may benefit from easier financial reporting requirements, tax provisions or eligibility for various government-provided support.


2. ''Financial reporting''.


The manner in which information is presented in financial statements, including the notes to the accounts.
Most firms are small, some are medium-sized and few are large.  


But the size of firms in the large category vary greatly.


3.
It has become useful to distinguish smaller large companies for some purposes.


Any other authorised provision of information.


Opportunities of many kinds vary materially with a firm's size, for example, the available range of investment and financing opportunities.


4.


Any release of information, including unauthorised releases.
No doubt terminology will continue to develop until its use in law and regulation makes further change more difficult or confusing.




== See also ==
==See also==
* [[Connected person]]
*[[Company]]
* [[Financial reporting]]
*[[Micro-enterprise]]
* [[Financial statements]]
*[[Small and Medium-sized Enterprises]]
* [[NDA]]
* [[Notes]]
* [[Recognition]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Latest revision as of 21:25, 28 April 2022

Smaller, large companies.

Often firms are classified as small, medium or large. Different definitions of the categories apply for different purposes, in different jurisdictions and in formal and informal use.

A common grouping is Small and Medium-sized Enterprises (SMEs). They may benefit from easier financial reporting requirements, tax provisions or eligibility for various government-provided support.


Most firms are small, some are medium-sized and few are large.

But the size of firms in the large category vary greatly.

It has become useful to distinguish smaller large companies for some purposes.


Opportunities of many kinds vary materially with a firm's size, for example, the available range of investment and financing opportunities.


No doubt terminology will continue to develop until its use in law and regulation makes further change more difficult or confusing.


See also