Explain where you get a copy of financial statements from? A 10Q(Interim report, quarterly report) is not a financial statement. It does not require an auditor's report because it is not a financial statement. In general there are four sources available: the company's webpage, the SEC's EDGAR, Mergent data basis (available at SDSU library), or call the company for the statements directly. The Sarbanes-Oxley law requires all public firms make their financial reporting available in those databses simultaneously during a 90-day periods from their fiscal year end date.
- Select a company that is not chosen by the postings prior to this posting. Please list the current asset items reported on its balance sheet.
- Briefly explain what additional disclosures do financial statement include related to its current assets. What does the use of disclosures achieve?
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