Washington Financial Statement Businesses are businesses that provide financial statement services in the state of Washington. These services range from preparing financial statements and issuing audits to providing tax advice and financial consulting. They help individuals and businesses maintain their financial records and manage their finances. Types of Washington Financial Statement Businesses include Certified Public Accountants (CPA's), Enrolled Agents (EA's), and Financial Advisors. CPA's are accountants who have passed a rigorous examination and meet education and experience requirements. EA's are certified by the IRS to represent taxpayers before the IRS. Financial Advisors are professionals who offer financial advice and services to clients. Financial Advisors can provide investment advice, retirement planning, and financial planning services.
Washington Financial Statement Businesses
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FAQ
Financial information can be found on the company's web page in Investor Relations where Securities and Exchange Commission (SEC) and other company reports are often kept. The SEC has financial filings electronically available beginning in 1993/1994 free on their website. See EDGAR: Company Filings.
The U.S. Securities and Exchange Commission, or SEC, regulates the offer and sale of all securities, including those offered and sold by private companies.
Does GAAP apply to private companies? Private companies are not required to follow GAAP because they generally keep financial information for tax purposes only.
Financial information can be found on the company's web page in Investor Relations where Securities and Exchange Commission (SEC) and other company reports are often kept. The SEC has financial filings electronically available beginning in 1993/1994 free on their website. See EDGAR: Company Filings.
U.S. Companies. Private companies are required to file reports with the Securities and Exchange Commission (SEC) if they meet these criteria: Companies with more than $10 million in assets whose stock is held by more than 500 owners. Companies that have made a public debt offering.
The state of Washington requires all corporations, nonprofits, LLCs, LPs, LLPs, and LLLPs to file a Washington Annual Report. These reports must be filed with the Washington Secretary of State, Corporations & Charities Division each year.
Table BusinessesTotal employer establishments, 2021198,854Total employment, 20212,821,109Total annual payroll, 2021 ($1,000)224,059,967Total employment, percent change, 2020-2021-4.7%8 more rows
In short, not in the United States. While many may speculate about the business revenue or look for financial statements of private companies, typically they will find this to be difficult. As the name implies, a private company is not required to disclose financial information to the public.