The specific information that must be disclosed varies depending on the type of business and the jurisdiction. However, common disclosure items include:
- Financial Statements: Businesses must provide detailed financial statements, including balance sheets, income statements, and cash flow statements. - Management Discussion and Analysis (MD&A): This section includes a narrative explanation of the financial results and the company's future outlook. - Risk Factors: Companies must disclose potential risks that could affect their financial performance. - Corporate Governance: Information about the company's governance structure, including board members and executive compensation, must be disclosed. - Material Events: Any significant events that could impact the company's financial health, such as mergers, acquisitions, or litigation, need to be reported.