SEC Reporting

Question 1

Which of the following reports would a company file to meet the U.S. Securities and Exchange Commission’s requirements for unaudited, interim financial statements reviewed by an independent accountant?

Answer 1

Form 10-Q is the quarterly (interim) report of operations and financial condition to the U.S. Securities and Exchange Commission (SEC). Interim financial information must be reviewed by an independent accountant if it is not audited.

Interim means (QUARTERLY)

Question 2

A company that is a large accelerated filer must file its Form 10-Q with the United States Securities and Exchange Commission within how many days after the end of the period?

Answer 2

Form 10-Q is the quarterly report to the SEC. It must be filed within 40 days after the end of the period by large accelerated filers and accelerated filers.

Question 3

Regulation S-X disclosure requirements of the Securities and Exchange Commission (SEC) apply to

Answer 3

D. The requirements for filing interim financial statements and pro forma financial information.

Regulation S-X governs the reporting of financial statements, including notes and schedules. Both interim and annual statements are covered by Regulation S-X.