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PLEASE NOTE: The following rule text only represents the changes that were adopted by the Board. To view the FULL TEXT of each Division, please visit: Secretary of State Administrative Rules Final

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What is adopted clean with explanations?

Adopted clean with explanations is a financial statement that has been audited by an independent auditor and deemed to be free of material misstatements.

Who is required to file adopted clean with explanations?

Companies and organizations that are required by law or their governing bodies to undergo an audit and issue financial statements may be required to file adopted clean with explanations.

How to fill out adopted clean with explanations?

To fill out adopted clean with explanations, one must follow the guidelines provided by the auditing standards and ensure that all relevant financial information is accurately reported.

What is the purpose of adopted clean with explanations?

The purpose of adopted clean with explanations is to provide assurance to stakeholders that the financial statements are free of material misstatements and can be relied upon for decision-making.

What information must be reported on adopted clean with explanations?

The adopted clean with explanations must include the audited financial statements, auditor's report, management's discussion and analysis, and any other relevant disclosures.

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