The SEC requires registrants to have their quarterly financial statements reviewed by an independent accounting firm but

Question:

The SEC requires registrants to have their quarterly reviewed by an independent accounting firm but does not mandate that a review report be included in a Form 10-Q. Under what circumstances must a review report accompany quarterly in a 10-Q? Why doesn't the SEC routinely require public companies to include their review reports in their 10-Q filings?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...