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High Level Business Requirements:Texas SET 5.0 Market Requirements Version 2.32Document RevisionsDate Version Description Author(s) 6/15/2022 1.0 Initial draft Kathryn Thurman 6/16/2022 1.1 Reviewed
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Reviewed FR 2 is a financial reporting form that provides an overview of a company's financial status and is subject to a review by independent accountants.
Entities such as corporations and partnerships with certain revenue thresholds are typically required to file Reviewed FR 2.
To fill out Reviewed FR 2, collect all necessary financial data, complete the form sections accurately, and have it reviewed by an independent accountant before submission.
The purpose of Reviewed FR 2 is to provide stakeholders with a reliable financial overview that has undergone a limited review for accuracy and compliance.
Reviewed FR 2 must report financial data including income statements, balance sheets, cash flow statements, and notes to the financial statements.
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