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 June 28, 2018, the SEC announced they had voted to adopt amendments regarding the definition of “smaller reporting company” (SRC) which would open up the scaled disclosure to more companies.