Filed vs. Furnished 2247
Igor13 last edited by
A non-accelerated filers annual report that is filed during the company’s first year of compliance with 404(a) will be deemed furnished rather than filed. What exactly is the difference between these two categories? I recall reading somewhere that the legal ramifications associated with furnishing the opinion are considerably less as compared to filing the opinion, in regards to ICFR. Is there more to it than this?