Did any characteristics of your client change
Course:- Financial Accounting
Reference No.:- EM13864472

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Financial Accounting


You are an auditor filing an 8-K Interim Event. Describe your client and what circumstances led you to decide you needed to file this report.

Now, in a follow-up post, imagine you need to file an S-1 IPO Registration report on behalf of the same client. Did any characteristics of your client change? In other words, describe why you need to file this report.


Verified Expert

Preview Container content

Annual reports are filed by each and every corporation that is registered with SEC in the form of 10-Kand quarterly reports are filed in the form of 10-Q. However under certain circumstances a corporation has to file an interim event report in the form of 8-K if there is a major event in between and the shareholders shall know about such significant events. Each and every firm is needed to file this report within 4 business days for the events that significantly alter business propositions and shareholders shall be made aware of it.

My client is a registered corporation engaged in the production and distribution of mobile phone components and has undergone significant changes in recent months.Under section 1.1 of the act, my firm has undergone some changes in the form of material agreements with clients and some changes to it as well. Material agreements are defined as agreements which put or provide significant obligation on the forms and such agreements can be enforceable against the firm.most likely such items of agreements require approval of the board of directors and shareholders.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Financial Accounting) Materials
Freeman Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Ca
Mecha Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by $142,300 and will increase annual expenses by $
Prepare the journal entry for DCL's purchase of the components on November 1, 2011 and prepare the journal entry for the first installment payment on November 30, 2011.
Jim bought a $1000, 6% Boeing Aircraft bond on January 1, 2002, with a maturity date of Dec 31st 2006. Equivalent bonds were also yielding 6%. Calculate market price of t
Considering our current economic conditions should a business or a person create a flexible budget? What are the advantages of a flexible budget? How does a business create fl
Organize the transaction in accounts under an accounting equation and prepare the stockholders equity section of the balance sheet as of December 31, 2012.
Present an overview of Nordstrom. Focus on the key drivers of success (i.e., shareholder value maximization), including products, markets, and competition. Discuss the impact
On January 1, 2002, ABC Company purchased equipment for $100,000. The equipment was assigned an estimated life of 10 years and a salvage value of $10,000. Calculate the book v