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STUDY GUIDE by Rick Elite based on the novel by Dave Barry and Ridley PearsonCOMPANY OF FOO LS A PROUD PART OF SUN VALLEY CENTER FOR To Accompany of Fools P.O. Box 656, Sun Valley, Idaho 83353 208.788.6520

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What is company fo lso?

Company fo lso stands for Foreign Bank and Financial Accounts Report (FBAR)

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Any United States person who has a financial interest in or signature authority over foreign financial accounts.

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You can fill out the FBAR form online through the Financial Crimes Enforcement Network (FinCEN) website.

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The purpose of FBAR is to report foreign financial accounts to the US government in order to combat money laundering and tax evasion.

What information must be reported on company fo lso?

You must report the maximum value of each foreign financial account during the calendar year.

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