an entity with reports
What is a reporting entity in accounting?
the difference between a reporting entity and a taxable entity is, a reporting entity is the company or organization and the taxable entity is the individual.
an entity with reports
yes i can a report entity because i need this
If the entity is a state or local governmental unit, it is subject to the reporting standards and requirements of the Government Accounting Standards Board.
entity assumption
an entity with reports
viable entity
A "non-reporting" entity refers to companies whose stock is publicly traded but which is exempt from reporting to the Securities & Exchange Commission. Usually these companies report publicly by posting financial information on the OTC Markets website voluntarily. These postings, however, are not subject to audit requirements or more generally to SEC reporting requirements. A "reporting" entity refers to companies whose stock is publicly traded and must file financial and other information with the Securities & Exchange Commission.
A liability shall be classified current when:The entity expects to settle the liability within the entity's operating cycle.The entity holds the liability primarily for the purpose of trading.Liability due to be settled must be within twelve months after the reporting period.The entity does not have the conditional right to defer settlement for at least twelve months after reporting period.Reference: 2014 Edition, Financial Accounting Volume two
A legal entity is normally formed with formal registration (eg commercial registeratin) which is governed by an established law. However a consolidated entity is a REPORTING entity to provide users of financial statements with information about a legal entity (parent company) plus the financials of other entities (with separate legal entities) under their control.
Bureau of labor statistics