The 820 non-financial firms listed on the Tokyo Stock Exchange's first section, for instance, saw their revenues fall during the financial year that ended on March 31st by an average of 8.9% and their net profits decline by 63.6%.
US-based GAAP and SEC reporting experts in the global audit firms review the workpapers behind the filings for every non-US based audit client that is listed on a US stock exchange, all over the world, before any filing with the SEC.
Enter GATE Technologies which has launched an electronic platform for non-listed investments, the Global Alternative Trading Engine (GATE get it?) for restricted stock, 144a share, warrants and even wetland or endangered species credits.