Читать книгу Cost Accounting For Dummies - Kenneth W. Boyd - Страница 15

Nearly every business falls under some sort of regulation. Regulators protect the public by enforcing laws and regulations. Part of that process involves reviewing your financial statements.

In addition to the “standard” set of financial reports (covered later in the book), regulators may require extra information from you. This specialized reporting is required to address a specific regulation or law. For example, if you’re a food manufacturer, the Food and Drug Administration (FDA) requires you to disclose food ingredients on a food label. That’s a form of specialized reporting for a regulator.