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Financial Statement Non-Disclosure Agreement

1. The transaction This clause stipulates that the object of the agreement is a transaction between the parties. In the world of high finance and economics, information is a precious asset. In many cases, the parties act with information that they wish to keep confidential and secret. The financial reporting NDA is a legal mechanism that allows them to do just that. After signing, the NDA prevents both parties from disclosing this information to external third parties. This makes financial NDA quite prevalent in the financial sector. The first paragraph requires a lot of inputs requested by this form. Let`s start with the first three empty lines. Here we will record the official date of this agreement. This should be entered as a double-digit day of the month in the first empty line, as a month in the second empty line, and as a two-digit year in the third empty line.

This Agreement applies to any situation in which a company has to disclose to another company the information it wishes to keep internally and wants some assurance that such information will not be disclosed by the receiving party. The financial information confidentiality agreement is often used when considering financial information (and related documents) that contemplate a business takeover, merger, audit or accounting analysis. The disclosing party may be the buyer in a sale transaction (e.g.B. disclosure of financial ability to complete the purchase) or, sometimes, the seller (e.g. B disclosure of the cash flows of a purchased company). Confidential financial information disclosed may consist of bank documents, tax documents, sales revenues, forecasts, accounting documents, fixed assets, salary or income information or other financial information that, if made public, could influence the outcome of a transaction between the parties. Confidential information also includes related information that may be disclosed as part of financial data (e.g. B social security and bank account numbers, as well as access credentials and passwords).



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