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, and I’m back again with Frank Landreneau, one of our International Tax Directors. Frank, welcome back to the Playbook.

Frank: Well, thank you. It’s great to be back.

Jen: So, we’ve done a series – we talked about GILTI, we’ve talked