Attention all start-ups and small business owners! Today, the SEC published new educational resources for small business owners that dive in to the structure of income statements and balance sheets. The SEC’s Office of the Advocate for Small Business Capital Formation (OASBCF) is dedicated to supporting small businesses and their investors by advocating for their needs within SEC regulations....

On August 2, 2024, the SEC proposed a new rule under the Financial Data Transparency Act of 2022. The intended goal is to make financial data more standardized and accessible. Here’s a breakdown: Data Standards: The SEC wants companies to report their financial information using a common, standardized format. This means everyone would use the same “language” and structure...