SEC Reporting Requirements

Question 1

Foreign Private issue file which form

Answer 1

6-K

Question 2

Corporate assets acquisition and disposal are reported in form?

Answer 2

8K

Question 3

Changes to the accountant are reported in form?

Answer 3

8-K

Question 4

Changes in securities and trading markets are reported in form?

Answer 4

8-K

Question 5

Changes to Financial Statements are reported in form?

Answer 5

8-K

Question 6

Changes Corporate Governance and management are reported in form?

Answer 6

8-K

Question 7

From 6-K contain audited or unaudited financial statements

Answer 7

Unaudited

Question 8

Which forms are required to be file by directors, officers, or beneficial owners of more than 10% of a class of equity securities of a registered company

Answer 8

For, 3, 4, and 5

10%

Question 9

Form 20-F is filed by

Answer 9

Non-U.S. (10K) annual report

Question 10

From 40-F is filed by

Answer 10

Canadian (10K) annual report

Question 11

What are 20-F and 40-F

Answer 11

These forms are similar to Form 10 -K and contain Financial Disclosure, including a Summary of Financial Data, MD&A, and audited Financial Statements. Should be prepared using U.S GAAP IFRS or a comprehensive body of accounting principles other than U.S GAAP or IFRS.

Question 12

What is Form 11-K?

Answer 12

The is the annual report of a company’s Employee Benefit Plan(s).

Question 13

What is Form 10-Q

Answer 13

This form contains unaudited Financial Statements prepared under U.S GAAP, Interim Period MD&A, and certain Disclosure.

Question 14

What is Form 10-K

Answer 14

Filed annually by U.S. registered companies. It contains Financial Disclosure, including a summary of Financial Data, MD&A, and audited Financial Statements prepared by U.S. GAAP.

Question 15

10-K Deadline for Large Accelerated Companies?

Answer 15

60 days

Question 16

10-K Deadline for Accelerated Companies?

Answer 16

75 days

Question 17

10-K Deadline for all other Companies?

Answer 17

90 days

Question 18

10-Q Deadline for Large Accelerated Companies?

Answer 18

40 days

Question 19

10-Q Deadline for Accelerated Companies?

Answer 19

40 days

Question 20

10-Q Deadline for all Companies?

Answer 20

45 days

Question 21

What does registration statement to the SEC that includes?

Answer 21

1. Disclosure about the securities being offered
2. The relationship between new and other securities
3. Information similar to that filed in annual filing
4. Audited Financial Statements
5. A Description of business risk factors

Question 22

Regulation S-X, Interim Financial Statements filed with SEC should be reviewed by

Answer 22

independent public accountant and review report must be filed with the Financial Statements.

Question 23

Under the S-X, Is a Balance Sheet for the corresponding fiscal quarter for the preceding fiscal year required

Answer 23

It is not required unless necessary to understand the impact of seasonal fluctuations.

Question 24

Under the S-X which Balance Sheet info is required?

Answer 24

Balance Sheet as of the end of the most recent fiscal quarter and as of the end of the preceding fiscal year.

Question 25

Under the S-X which Income Statement info is required?

Answer 25

Income Statement 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 for the corresponding periods of the preceding fiscal year. The Financial Statements for the cumulative 12-month period ended during the most recent fiscal quarter and for the corresponding preceding period.

Question 26

Under the S-X what info regarding Statement of Cash Flows

Answer 26

Statement of CF for period between the end of preceding fiscal year and the end of most recent fiscal quarter, and for the corresponding period for the preceding fiscal year. The FSs may also present Statement of CF for the cumulative 12-month period ended during the most recent fiscal quarter and for the corresponding preceding period.

Question 27

How adjustments for Fair presentation are made in interim statements

Answer 27

Interim FSs should reflect adjustments necessary to fairly state the results of the interim period, and a statement to that effect should be included in the notes to FSs.

Question 28

What FV adjustment are reflected in interim statements?

Answer 28

Estimated provisions of bonus and profit-sharing arrangements that are normally determined or settled at year end.
FS should include a detailed description of the nature and amount of adjustments that are not normal recurring adjustments.

Question 29

Can Interim Financial Statements may be condensed FS?

Answer 29

YES

Question 30

What Disclosure can be omitted?

Answer 30

Interim reports may omit the summary of significant accounting policies, the details of accounts that have not changed significantly since the end of the most recent fiscal year

Question 31

Are Material contingencies required?

Answer 31

YES

Question 32

Event subsequent to the end of most recent fiscal year that have a material impact on the entity?

Answer 32

Changes in accounting principle, change in estimates, changes in the status of long-term contracts, significant borrowing or modifications of financing arrangements, and business combinations or dispositions.