Earlier this summer, the SEC proposed amendments to improve disclosures relating to acquisitions and dispositions of businesses under:

  • Rule 3-05,
  • Rule 3-14 and
  • Article 11 of Regulation S-X.

The proposed rule change impacts small businesses and their investors.

For investors, the amendments could improve the financial information about acquired and disposed businesses to facilitate more

Jen:  This is the PKF Texas Entrepreneur’s Playbook.  I’m Jen Lemanski, this week’s guest host, and I’m back with Martin Euson, one of our tax directors on our Transaction Advisory Services team; Martin, welcome back to the Playbook.

Martin:  Thank you Jen, a pleasure to be here.

Jen:  So last time we had you here we were talking about buying a company.  A lot of our clients are looking to sell their company, what are some of the key considerations they need to be thinking about when they’re selling their company?

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