Final answer:
Balance sheets for the two most recent fiscal years and statements of income, changes in owners' equity, and cash flows for the three most recent fiscal years must be included in the audited financial statements filed with the SEC as dictated by U.S. GAAP.
Step-by-step explanation:
Under U.S. GAAP, the audited financial statements filed with the SEC must include balance sheets for the two most recent fiscal years and statements of income, changes in owners' equity, and cash flows for the three most recent fiscal years. This is to provide a comprehensive view of the financial health and performance of a company for potential investors, creditors, and other stakeholders. When preparing financial statements, it is crucial for companies to adhere to these requirements in order to remain compliant with SEC regulations.