Accounting Rules
Form and Content of Financial Statements
Regulation S-X
Rule 3-06 -- Financial Statements Covering a Period of Nine to Twelve Months
Except with respect to registered investment companies, the filing of
financial statements covering a period of nine to 12 months shall be deemed
to satisfy a requirement for filing financial statements for a period of
one year where:
(a) the issuer has changed its fiscal year;
(b) the issuer has made a significant business acquisition
for which financial statements are required under Rule
3-05 of this chapter and the financial statements covering the interim
period pertain to the business being acquired; or
(c) the Commission so permits pursuant to Rule
3-13 of this chapter.
Where there is a requirement for filing financial statements for a time
period exceeding one year but not exceeding three consecutive years (with
not more than 12 months included in any period reported upon), the filing
of financial statements covering a period of nine to 12 months shall satisfy
a filing requirement of financial statements for one year of that time period
only if the conditions described in either paragraph (a),
(b), or (c) of this section exist and
financial statements are filed that cover the full fiscal year or years
for all other years in the time period.
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