Public corporations take note: The next phase of the modernization of the Electronic Data Gathering, Analysis, and Retrieval system – better known as EDGAR – is set to begin at the end of October. This will impact how your company’s financial documents are filed.
The repository of thousands of corporate filings -- such as 10Ks, 8Ks, 10Qs, proxy and registration statements – EDGAR helps ensure transparency in the securities markets.
Following a very challenging 18 months, the US (if not all areas of the world) appears to be making significant progress emerging from the COVID pandemic. During 2020, many companies were forced into survival mode. Recognizing this, investors showed some forbearance as they evaluated company progress on longer-term sustainability initiatives. That said, the pandemic experience has galvanized investor resolve that their longer-term focus on sustainability is correct, and they expect their portfolio companies to resume progress on their “sustainability journeys” and related reporting.
I’ve been in the financial industry a long time. Some may disagree, but I believe in transparency. I believe it enables businesses, organizations—and governments—to work better, together.
Mergers and acquisitions promise to create value for the business, but they are only truly successful when there is an integration practice after the fact. Bringing together two distinct organizations often means there are cultural and operational differences that must be overcome to prevent friction and get the newly formed enterprise off on the right foot. With the right processes in place, companies undergoing a merger can ensure a smooth transition into the future, avoid unnecessary complications and maintain a high level of morale among the rank-and-file.
A Form S-4 is a M&A registration statement required under the Securities Act of 1933. The purpose of this statement is to give the public notice of a pending merger or acquisition. The primary reason to file a Form S-4 is to comply with the SEC, but it also is essential for providing transparent communications with shareholders. Read on to learn more about what this statement contains, when it needs to be filed and how your public company can meet all the requirements for it.
Preparing an S-1 IPO requires meticulous attention to detail and a deep understanding of regulatory requirements. Companies must provide comprehensive financial statements, detailed business descriptions, and extensive risk disclosures. It’s the company's formal introduction to the public and the level of detail can be overwhelming, especially for first-time filers. Learn who needs to file an S-1 IPO registration statement and why.
A white paper on the European Single Electronic Format.
Beginning January 2020, the European Union regulated issuers will be required to prepare their annual reports in compliance with the European Single Electronic Format (ESEF). The European Securities and Markets Authority (ESMA) has determined that iXBRL is the most suitable technology to support ESEF reporting as it enables both machine and human readability in one document. This mandate will standardize the presentation of financial data in annual reports across the EU.
You may know that companies need to file quarterly financial statements with the Securities and Exchange Commission (SEC), but there's more to the process than just crunching numbers. Companies must also compare the current quarterly statement with previous versions to unpack the larger financial picture for investors and regulators. Filing a 10-Q report helps companies foster greater transparency, ensure ongoing compliance and provide stakeholders with real-time financial snapshots.
What is a 10-K form? Every publicly traded company is required to file financial reports with the Securities and Exchange Commission, or the SEC. The SEC Form 10-K offers a comprehensive snapshot of the company's financial health throughout the year, almost like an annual report for the business numbers. Dive deep into SEC 10-K filing, including what kind of information is reported, who needs to file, and how to file quickly and securely.
All publicly traded companies need to file certain documents with the SEC, or Securities and Exchange Commission. One of these required forms for domestic issuers is the 8-K. Discover the 8-K filing requirements here, including who needs to file, when to file, what filing with the SEC actually means and how to get help.