Securities and Exchange Commission today made public an. opinion in its accounting series relative to the disclosure which should be made in the financial statements when a company charges a deficit to capital surplus pursuant to a resolution of the board of directors, but without approval of the stockholders, such action being permissible under the applicable state law

Authors

United States. Securities and Exchange Commission
William W. Werntz

Document Type

Article

Publication Date

1940

Abstract

The Securities and Exchange Commission today made public an. opinion in its accounting series relative to the disclosure which should be made in the financial statements when a company charges a deficit to capital surplus pursuant to a resolution of the board of directors, but without approval of the stockholders, such action being permissible under the applicable state law.

Relational Format

article

Series Title

Accounting Series Release No. 016

Recommended Citation

United States. Securities and Exchange Commission and Werntz, William W., "Securities and Exchange Commission today made public an. opinion in its accounting series relative to the disclosure which should be made in the financial statements when a company charges a deficit to capital surplus pursuant to a resolution of the board of directors, but without approval of the stockholders, such action being permissible under the applicable state law" (1940). Federal Publications. 104.
https://egrove.olemiss.edu/acct_fed/104