Focus Universal Inc. Announces the Commercial Launch of SEC Financial Reporting AI-Driven Automation Software [Yahoo! Finance]
Focus Universal Inc. (FCUV)
NASDAQ:AMEX Investor Relations:
investor.universalcorp.com
Company Research
Source: Yahoo! Finance
patented hardware and software design technologies for Internet of Things (IoT) and 5G, today announced its commercial launch of SEC financial reporting automation software. Financial reporting is the process by which an organization communicates its financial performance to stakeholders. Companies routinely file financial reports, such as 10-K and 10-Q to the SEC, to give a comprehensive view of the financial health of the organization. Reporting deadlines are inflexible, and late filings and mistakes in financial reporting can result in regulatory review, enforcement actions, and penalties. However, data entry by humans of hundreds or thousands of financial numbers in these reports imposes a challenge and presents risk of human error. Preparation of these reports is not only costly but also time-consuming. Reporting requirements can interfere with other business and operational timelines and leave an already strapped team scrambling for the resources needed to meet mandated report
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News
- Focus Universal Inc. Announces Board Approval for Spin-Off of Lusher Inc. [Yahoo! Finance]Yahoo! Finance
- Focus Universal Inc. Announces Board Approval for Spin-Off of Lusher Inc.Accesswire
- Focus Universal Inc. Announces Warren Wang as Chief Strategy Officer [Yahoo! Finance]Yahoo! Finance
- Focus Universal Inc. Announces Warren Wang as Chief Strategy Officer Accesswire
- Focus Universal Full Year 2023 Earnings: US$0.078 loss per share (vs US$0.076 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
FCUV
Sec Filings
- 4/16/24 - Form 8-K
- 4/1/24 - Form 10-K
- 3/22/24 - Form 8-K
- FCUV's page on the SEC website