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Get Financial Disclosure Extension Request Form

Statement (FD) under the Ethics in Government Act are permitted by federal law to request an extension of up to 90 days. Filers may request an extension for their FD by filing this form on or before the applicable filing deadline. (For the 2011 annual report the deadline is May 15, 2012.) An FD filed under an approved extension is not considered late. However, by law, an individual who files a report more than 30 days after it is due without having received an extension must pay a $200 late fil.

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What is a Financial Disclosure Statement ("FDS")? A FDS is a publicly available record containing financial and professional information about the filer and his or her spouse for a calendar year.

These reports are among the primary tools used by ethics personnel to determine whether employees are in compliance with the ethics and standards of conduct provisions covering a particular position. Compliance with financial disclosure requirements is a condition of employment.

Disclosure requirements are crucial as they help investors and other stakeholders to make informed decisions about a company's financial performance and position. Failure to disclose the required information can lead to legal and financial consequences for the company.

This suggests that the higher the level of disclosure, the more information the company discloses and shows that there is nothing to hide in the company`s financial statements, this will reduce information asymmetry, thereby reducing the cost of capital.

Full financial disclosure generally includes at least the following information: Income Tax Returns for the last 3 years; Notices of Assessment and/or Reassessment for the last 3 years; If an employee, a copy of each of the 3 most recent statements of earnings;

Ensures transparency Increased transparency in the corporations' operations and management makes it easier for investors to make informed decisions. It also cuts down on the possibility of manipulation or misuse of investors' funds.

Proper disclosure by corporations is the act of making its customers, investors, and analysts aware of pertinent information. Companies often place disclosures that protect them in case their financial forecasts are wrong due to changing economic conditions.

What is the purpose? The purpose of the FDS is to provide transparency about the private interests and activities of public officials and their relatives which could, among other things, help identify potential conflicts of interest.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232