Is 10-K filed with SEC?
Key Takeaways. A 10-K is a comprehensive report filed annually by public companies about their financial performance. The report is required by the U.S. Securities and Exchange Commission (SEC) and is far more detailed than the annual report.
When must a 10-K be filed with the SEC?
Filing deadlines Historically, Form 10-K had to be filed with the SEC within 90 days after the end of the company’s fiscal year.
Are all companies required to file a 10-K with the SEC?
Annual and Quarterly Reports SEC rules require your company to file annual reports on Form 10-K and quarterly reports on Form 10-Q with the SEC on an ongoing basis. These reports require much of the same information about the company as is required in a registration statement for a public offering.
What is a SEC 10-K report?
10-K is short for Form 10-K, which is a document the SEC requires all public companies to file each year. The form presents a financial picture of the company, detailing its revenues, assets, and liabilities for the previous year.
When must a company file their 10-K report?
(Non-U.S. public companies usually file their annual reports with the SEC on different forms.) SEC rules require that 10-Ks follow a set order of topics. SEC rules also require companies to send an annual report to their shareholders when they are holding annual meetings to elect members of their boards of directors.
Is a 10-K and annual report the same?
The annual report and 10-K are similar documents, but their differences stem from their intended audiences. The 10-K is a formal regulatory filing with the SEC, whereas the annual report is intended to be viewed by existing shareholders and other stakeholders (e.g. lenders, potential investors, customers).
Who is required to file with the SEC?
The Securities and Exchange Commission (SEC) requires public companies, certain company insiders, and broker-dealers to file periodic financial statements and other disclosures. Finance professionals and investors rely on SEC filings to make informed decisions when evaluating whether to invest in a company.
Which of the following documents needs to be filed annually with the SEC within 90 days of the end of the fiscal year?
The Management Discussions and Analysis (MD&A) is a section of the annual report or SEC filing 10-K that provides an overview of how the company performed, and audited financial statements. Companies are required to submit this filing within 90 days after the end of their fiscal year.
Why are SEC Filings important?
SEC filings provide transparency and crucial information for individual and institutional investors, for analysts & researchers, and for regulators. Ultimately, the SEC wants the public to know the facts so they can make well-informed decisions about when to buy, sell, or hold a company’s securities.