Question
On January 30, 2020 the SEC proposed an amendment to change corporations annual filings. The SEC is proposing to eliminate Selected Financial Data (Item 6)
On January 30, 2020 the SEC proposed an amendment to change corporations annual filings. The SEC is proposing to eliminate Selected Financial Data (Item 6) in the 10-K. The SEC is soliciting comment letters for this proposal through April 28, 2020. (similar process as FASB solitciting comments to proposed accounting standard updates)
Assume you are responding to the SEC's requests for comments. List one pro and one con of this proposal.
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Financial Accounting In An Economic Context
Authors: Jamie Pratt
7th Edition
0470128828, 978-0470128824
