Tag Archives | securities exchange act

10K

See Also:
Balance Sheet Definition
Income Statement
Cash Flow Statement
10 Q
Statement of Financial Accounting Standards (SFAS) Fiscal Period

10 K Definition

What does 10 K mean? A 10K is an annual cumulative financial statement required by the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934 for all publicly traded companies. The 10-K filing deadline for financial data is always due 90 days after the end of the fiscal year of that company. The form 10-k is often more extensive and comprehensive than the 10Q which is the quarterly filing required by the SEC.

10-K Meaning

A 10-K form requires that a company provide the following:

The 10 K form should also disclose any major changes made since the last financial filing. These disclosures may include a change from one accounting method to another, or a discussion of a contingent liability such as an ongoing litigation. The SEC also requires that a company provide relevant financial data from the exact same filing time during the past year. This makes information readily comparable from one period to the next. As a result, investors can have a good picture or idea of where the company is heading.

10 k, 10 K Definition, 10-k meaning

Share this:
3

10 Q

See Also:
Balance Sheet Definition
Income Statement
Cash Flow Statement
Pro-Forma Financial Statements
Statement of Financial Accounting Standards (SFAS) Fiscal Period 10K

10 Q Definition

What does 10 Q mean? The 10 Q definition is a quarterly cumulative financial statement required by the Securities and Exchange Commission (SEC) under the Securities and Exchange Act of 1934 for all publicly traded companies. The 10-Q filing deadline for financial data is always due 35 days after each of the first three quarters throughout the year. There is no 10 Q filing at the end of the year. This is because the more extensive and comprehensive 10K is due at year end.

10-Q Form

A 10-Q form requires that a company provide a balance sheet, income statement, cash flow statement, and a statement of stockholder’s equity. The 10 Q form should also disclose any major changes made since the last financial filing. These disclosures may include a change from one accounting method to another, or a discussion of a contingent liability such as an ongoing litigation. The SEC also requires that a company provide relevant financial data from the exact same filing time during the past year. This makes information readily comparable from one period to the next, and one year to the next so that investors can have a good picture or idea of where the company is heading.

10 Q Definition, 10-Q Form, 10 q

Share this:
0

LEARN THE ART OF THE CFO