New Plan for Company Reports

May 5, 2026, 18:00
EuropeFinance

Introduction

The SEC in the US has a new plan. They want companies to write fewer financial reports.

Main Body

Now, companies write reports four times a year. The SEC wants them to write reports only two times a year. President Trump likes this plan. He thinks companies spend too much time on short reports. He wants them to think about the future. Some company leaders like this plan. They say it saves time. But some investors do not like it. They say it is hard to see the truth about a company. They worry that companies will hide problems. This change will affect many workers. Accountants and lawyers make these reports. They will have less work. Some investors will look for other ways to get information because they have no reports.

Conclusion

People have 60 days to tell the SEC what they think. Then, the SEC will vote on the plan.

Learning

⚡ The Power of 'Some'

In this text, we see a pattern: Some people like the plan →\rightarrow Some people do not.

When you are at A2 level, you don't need to name every single person. Use 'Some' to talk about a group without being specific.

How it works in the text:

  • Some company leaders like this plan.
  • Some investors do not like it.

Simple Rule: Use Some + [Noun] to describe a part of a group.

Quick Examples for You:

  • Some students are tired.
  • Some days are rainy.
  • Some books are boring.

🛠ī¸ Action Words: Present Simple

Look at how the text describes habits and facts. It uses the simplest form of the verb.

The Pattern: extSubject→extVerb→extObject ext{Subject} \rightarrow ext{Verb} \rightarrow ext{Object}

  • Companies →\rightarrow write →\rightarrow reports.
  • President Trump →\rightarrow likes →\rightarrow this plan.

Note: When talking about one person (He/She), we add an -s to the action (like →\rightarrow likes).

Vocabulary Learning

financial (adj.)
Relating to money or business.
Example:The financial report showed a profit.
report (n.)
A written statement of facts or information.
Example:She wrote a report about the meeting.
president (n.)
The leader of a company or country.
Example:The president signed the new law.
investors (n.)
People who give money to a company hoping it will grow.
Example:Investors want to see good results.
workers (n.)
People who do a job.
Example:Workers need breaks during the day.
accountants (n.)
People who record and check financial records.
Example:Accountants prepare taxes.
lawyers (n.)
People who give legal advice and represent clients.
Example:Lawyers help with contracts.
information (n.)
Facts or details that help you understand something.
Example:The website provides useful information.
truth (n.)
The real facts about something.
Example:He told the truth about his mistake.
future (n.)
The time that is yet to come.
Example:We plan for the future.
change (n.)
An act of making something different.
Example:The change will improve the system.
worry (v.)
To feel nervous or concerned about something.
Example:She worries about her exam.