SEC Reporting Requirements with 100% correct answers

SEC requires... more than 50 forms be filed to comply with reporting requirements When a company issures NEW SECURITIES... it is required to submit a registration statement to the SEC that includes: a. disclosures about the securities being offered for sale b. the relationship of the new securities to the company's other securities c. info similar to that filed in the annual filing d. audited financial statements e. a description of business risk factors Form 10k must be filed annually by U.S. registered companies. and audited financial statements prepared using U.S. GAAP. Deadline: 60 days after end of fiscal yr for large accelerated filers, 75 days after the end of the fiscal yr for accelerated filers, and 90 days after end of fiscal year for all other registrants Form 10q must be filed quarterly by U.S. registered companies. Deadline is 40 days after the end of the fiscal quarter for large accelearted and accelerated filers, and 45 days for all other registrants. Unaudited prepared using U.S. GAAP Form 11k annual report of a company's employee benefits plan(s) Form 20f and 40f filed annually by foreign private issuers. 40f is filed by specific Canadian companies and form 20f is filed by other non-US registrants. Prepared using US GAAP , IFRS, or reconciliations to US GAAP must be provided Form 6k filed semi-annually by foreign private issuers Form 8k filed to report major corporate events such as asset acquisitions or disposals, changes in securities and trading markets, changes to accountants or financial statements, and changes in corporate goverance or management Forms 3,4,and 5 required to be filed by directors, officers, or beneficial owners of more than 10% of a class of equity securities of a registered company Regulation S-X the SEC sets forth the "form and content" of and requirements for interim and annual financial statments to be filed with the SEC Interim Financial Statements filed with the SEC.. must be reviewed by an independent public accountant and the review report must be filed with the FS. Interim Financial statements must include.. Balance Sheets as of the end of the most recent fiscal quarter and as of the end of the preceding fiscal yr. Income Statements for the most recent fiscal quarter for the period between the end of the preceding fiscal year and the end of the most recent fiscal quarter and the corresponding periods of the preceding fiscal year. Statements of Cash Flows for the period between the end of the preceding fiscal year and the end of the most recent fiscal quarter and for the corresponding period for the preceding fiscal year. US-quarterly Foreign -Semiannually Interim financial statements may be condensed financial statements Annual financial statements filed with the SEC must be audited by an independent public accountant Audited Financial statements must include .. balance sheets for the two most recent fiscals years and statements of income, changes in owners equity, and cash flows for each of the three fiscal years preceding the date of the most recent audited balance sheet Definition of XBRL software that uses data tags to describe financial information for business and financial reporting... tells computers how to interpret the context of the text Tag provide contextual information that allow data to be recognized and processed by software Taxonomy specific tags used for individual items of business and financial data SEC's interactive Data Rule requires U.S. public companies and foreign private issuers to present financial statements and any applicable financial statement schedules in an exhibit prepared using XBRL Tagged disclosures must include the primary financial statements, notes, and financial statement schedules