The SEC requires publicly owned corporations to have their quarterly financial information reviewed by their independent auditors before it is issued, but does not require that the auditor's review report be included with the quarterly information, although many companies do include the auditor's report.

Question

Quizplus · Accepted Answer

The statement is true. The SEC requires review of quarterly financial information by independent auditors, but does not mandate the inclusion of their report.

The SEC Requires Publicly Owned Corporations to Have Their Quarterly