Minnesota SF1552 modifies financial reporting requirements for grain buyers, including annual financial statements and audits.

Minnesota SF1552 amends financial reporting requirements for grain buyers. Licensed grain buyers must submit annual financial statements prepared by a third-party independent accountant or certified public accountant. These statements must include a balance sheet, statement of income, statement of retained earnings, statement of changes in financial position, and a statement of grain purchased in the previous fiscal year.

Minnesota SF1552 modifies financial reporting requirements for grain buyers, including annual financial statements and audits.

Minnesota SF1552 amends financial reporting requirements for grain buyers. Licensed grain buyers must submit annual financial statements prepared by a third-party independent accountant or certified public accountant. These statements must include a balance sheet, statement of income, statement of retained earnings, statement of changes in financial position, and a statement of grain purchased in the previous fiscal year.