Answered: Define registration statement (S-1)

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter4: Adjusting Entries And The Work Sheet

Section: Chapter Questions

Problem 7DQ

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Define registration statement (S-1)

Expert Solution

Step 1

For public organizations situated in the US, SEC Form S-1 is the underlying enrollment structure for new protections required by the SEC.

Step 2

Any organization that meets the prerequisites, for example, the New York Stock Exchange, must have an S-1 recording before they can be recorded on national trade.

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