Realisation and Securities and Exchange Commission: Difference between pages

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imported>Doug Williamson
(Amend 'liabilities' to 'losses' to align with study materials.)
 
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1. ''Financial reporting''.
''US.''  


The realisation concept in financial reporting requires that certain key events should have taken place before income and expenditure are recognised in the financial statements at the reporting date.  
(SEC).
The Securities and Exchange Commission is an independent agency which has primary responsibility for enforcing federal securities laws and regulating the securities industry, the stock and options exchanges, and other electronic securities markets in the United States.  


Cash does not necessarily have to have been received or paid by the reporting date, but risks and rewards of ownership have to have been transferred.


== See also ==
* [[10-K]]
* [[10-Q]]
* [[Bad actor]]
* [[Depository Trust Company]]
* [[Division of Examinations]]
* [[Federal Reserve System]]
* [[Financial Industry Regulatory Authority]]
* [[Public Company Accounting Oversight Board]]  (PCAOB)
* [[Regulation D]]
* [[Regulation S-K]]
* [[Rule 144A]]


2. In other contexts, 'realisation' generally refers to the conversion of assets, profits or losses into cash.


==External link==
[https://www.sec.gov/about/what-we-do US Securities and Exchange Commission - what we do]


 
[[Category:Accounting,_tax_and_regulation]]
== See also ==
[[Category:Financial_products_and_markets]]
*[[Unrealised profit]]
[[Category:The_business_context]]

Latest revision as of 13:10, 11 March 2024

US.

(SEC).

The Securities and Exchange Commission is an independent agency which has primary responsibility for enforcing federal securities laws and regulating the securities industry, the stock and options exchanges, and other electronic securities markets in the United States.


See also


External link

US Securities and Exchange Commission - what we do