Public Company Reporting Flashcards
Which item does the per share amount get reported on the face of income statement
Income from continuing operations
Basic EPS
Net income - preferred stock dividends / weighted average shares
2 determinations in weighted average
Prorate per how long held in year
Stock splits & dividends
Who comes up with US securities law
SEC
Sec prescribed
Accounting standards
Sec investigates but does not
Prosecute
A large accelerated filer market value is
700M or more
Large accelerated filings 10-K timeframe ; 10-Q
60 days ; 40 days
Accelerated filer market value
250M-700M
Accelerated filer and SRC market value
75M-250M
Nonaccelerated filer and SRC
75m-700m & under 75m
Accelerated filer & accelerated filer and SRC annual revenues
100m and up
Accelerated filer & accelerated filer and SRC 10-k & 10-q
75 days ; 40 days
Non accelerated filer & SRC 10k & 10q
90 days ; 45 days
Form S-1
Initial registration form for new securities
10-Q
Quarterly report emphasized on timeliness and is unaudited
10-K
Annual report filed in 4th quarter that’s audited
Form 8-K
Disclose of relevant events. Not ordinary business; 4 days to report
3 items on 10-Q
Revised financial statements
MD&A
Quan and qual risks
MD&A includes
Results of operations
Liquidity
Capital resources
Quan and qual risk includes
Exchange rates
Commodity price
Interest
Item 7 on 10-K
MD&A
Item 7a on 10-K
Quan and qual risks
Items 8 on 10-K
Financial statements
