the Securities and Exchange Commission’s (SEC) EDGAR database, accounting homework help

User Generated

fyhec82001

Business Finance

Description

In an eight- to ten-page paper (not including the title and reference pages) research and discuss the SEC’s company filings requirements. In your paper:

Describe how investors can use the Securities and Exchange Commission’s (SEC) EDGAR database to quickly research a company’s financial information filed on Forms 10-K and 10-Q.

Identify the differences between the Annual Report send to shareholders and the Annual Report on Form 10-K, which must be filed with the SEC.

Describe the contents of:

Form 10-K SEC filings

Management Discussion and Analysis

Auditors’ Report

Selected Financial Data

Discuss how the SEC”s requirement for domestic and foreign companies using US GAAP to provide their financial statements in the XBRL format can improve financial reporting?

Most publicly traded companies are examined by numerous analysts. Find analysts’ ratings about a company of your choice by visiting biz.yahoo.com/I. Provide a comparison over time and across companies in the same industry by answering the following questions:

How many analysts rated the company?

What percentage rated it a strong buy?

What was the average rating for the week?

Did the average rating improve or decline relative to the previous week?

Your paper should be formatted according to APA style as outlined in the Ashford Writing Center. It must include at least six scholarly sources, including a minimum of three from the Ashford University Library, in addition to the text.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running Head: SEC AND FINANCIAL REPORTING

SEC and Financial Reporting
Name:
Institution:
Instructor:
Course:
Date:

1

SEC AND FINANCIAL REPORTING

2

Having come into operational in 1st November. 1998, The EDGAR Public Dissemination
Service (PDS) System provides the public with accurate, comprehensive and fast methods of
attaining all the recognized and valid EDGAR filings. Since its privatized, it is managed by
Attain, LLC and is the main source of receiving a dedicated feed of all public EDGAR filings. A
subscriber is needed to have a paid Subscription Agree with the Attain, LLC for one to access.
Subscriber Services Provided


Transmission of all public filings obtained and accepted by the EDGAR systems after the
receipt of filing information by the PDS.



Supplementary single of manifold feed options



Tracking of received and sent files



Access to archived data that contains accepts and transmitted filings



A failover system that offers delivery of public flings from an alternative PDS Server in
case the original PDS serve goes offline.



Retransmission of public filings that were not delivered due to connection errors or
transmission to the subscribers.



Six hours of support annually.

The Annual Report sent to the shareholders is an archived document that most
organizations use to uncover the corporate information to their shareholders. The report
describes the condition of the company and contains information such the opening letter of the

SEC AND FINANCIAL REPORTING

3

CEO, operation aftereffects, monetary information, new product plans, market segment
information, innovative exercise on future programs, backup exercises. Organization must
prepare this Annual Report that will be send to the shareholders during the annual meetings so
that the can select chiefs. Additionally, these organizations are needs to report their intermediary
materials under the intermediary rules.
The Annual Report on Form 10-K that is usually recoded with the SEC contains
comprehensive data about the monetary condition of the organization while the Annual Report
incorporates the yearly monetary explanations of the organization. Once in a while, organizations
choose to send their Annual Reports on Form 10-K to the shareholders or provide Annual
Reports to the shareholders.

In the previous years, more than 4,000 public servants of the U.S Securities and
Exchange Commission have completed the main aim the organization. They have cultivated
capital arrangements and advanced financial reporting’s to productive and organized markets.
The achievements of the Commission in the Fiscal Year 2016 was abundant and critical. The
Commission vibrantly pursued the business wrongdoings in the business sector via broad-based
authorization program, projected and embraced the dynamics to protect markets and speculators
from money related emergency practices and information driven examination programs.
Additionally, the commission upgraded the hazard base program and conveyed novel innovation
to develop the ability and feasibility of the projects.
Through such endeavors and other, the SEC functions to guarantee that capital markets
are more grounded around the globe. Its requirement program had a remarkable record last year
by conveying 807 cases and obtaining orders valued $4.2 billion in ejection and punishment.

SEC AND FINANCIAL REPORTING

4

Requirement endeavors that were positioned around imperative concern ranges involving book
keeping misinterpretations and financial reporting elicited business speculations resulting into
first-of-their kind of cases in various zones. Since then, the program has kept one increasing its
utilization of inventive explanatory instrumen...


Anonymous
Nice! Really impressed with the quality.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags