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A non-reporting entity is an organization or business that is not required to provide financial statements or reports to regulatory authorities or the public, often due to its size, nature, or ownership structure. These entities typically do not meet the thresholds set by accounting standards or regulatory bodies for reporting requirements. As a result, they may operate with less transparency compared to larger, reporting entities. Examples include small businesses or sole proprietorships that are not subject to strict reporting obligations.

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1mo ago

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