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Q: Is it true that the financial statements and the authors report must be made available to stockholders of pubically owned corporations?
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Does stockholder have the right to see copy of income and expense reports?

The question applies only to corporations because only corporations issue publicly traded stock. Stockholders that own shares of the corporation's stock only have the right to see publicly disclosed financial statements. That includes an Income Statement and a Balance Sheet Statement. These are issued at least annually but usually quarterly. Legally, the corporation can only issue these statements at times when the information is available to all stoholders. Detailed expense reports are not issued to stockholders. You can find most Financial Statements online at nasdaq.com.


Who must prepare financial statements?

Business firms, particularly those with stockholders, must prepare honest and conservative financial statements.


Does the SEC requires that publicly owned corporations submit financial statements to it each year?

yes


How often do publicly traded corporations typically prepare financial statements for external reporting purposes?

quartwly


What need arose along with the separation of management and ownership in corporations?

With a separation of management and ownership in corporations, there also arose a need for an independent party to review the financial statements.


What has the author J A Gonzalo written?

J. A. Gonzalo has written: 'Spain' -- subject(s): Accounting, Corporations, Financial statements


What has the author David F Hawkins written?

David F. Hawkins has written: 'Accounting for leases' -- subject(s): Accounting, Leases 'Corporate financial disclosure, 1900-1933' -- subject(s): History, Law and legislation, United States, Financial statements, Disclosure of information, Corporations, Accounting 'Corporate financial reporting and analysis' -- subject(s): Corporation reports, Corporations, Accounting, Financial statements


What has the author Karen P Schoenebeck written?

Karen P Schoenebeck has written: 'Interpreting and analyzing financial statements' -- subject(s): Case studies, Asset-liability management, Financial statements, Corporations, Ratio analysis, Investments


How might changing one of the financial statements affect the other financial statements?

How might changing one of the financial statements affect the other financial statements?


What are the safeguards and are they effective for a corporation that attempts to protect the interest of the stockholder?

Corporations are not necessarily required to protect the interest of the stockholder. That's the stockholder's problem. However, corporations are required to report their financial position fairly. In doing so, investors are then able to rely on the corporation's financial statements.


What has the author Hans Armbrust written?

Hans Armbrust has written: 'Aktienrechtliche Bewertungsvorschriften des Auslandes' -- subject(s): Corporations, Financial statements, Valuation


What are limitations of financial management?

Financial Statements Are Derived from Historical Costs. ... Financial Statements Are Not Adjusted for Inflation. ... Financial Statements Do Not Contain Some Intangible Assets. ... Financial Statements Only Cover a Specific Period of Time. ... Financial Statements May Not Be Comparable. ... Financial Statements Could be Wrong Du