Regulation S-X

Regulation S-X is a set of rules established by the U.S. Securities and Exchange Commission (SEC) that governs the format and content of financial statements companies must file when they seek to raise capital or are publicly traded. It ensures consistency, accuracy, and transparency in financial reporting by specifying detailed requirements for financial disclosures, including balance sheets, income statements, and cash flow statements. Essentially, Regulation S-X provides the standards and procedures that help investors and regulators understand a company's financial health and performance reliably.