What is SEC Regulation SX applicable to?
Regulation S-X extends the meaning of the term “financial statements” to include all notes to the statements and all related schedules. Regulation S-X is closely related to Regulation S-K, which lays out reporting requirements for various SEC filings and registrations used by public companies.
What is SEC Form 8-K?
Form 8-K is the “current report” companies must file with the SEC to announce major events that shareholders should know about. Other Events (The registrant can use this Item to report events that are not specifically called for by Form 8-K, that the registrant considers to be of importance to security holders.)
What is Regulation SX Article 11?
Article 11 of Regulation S-X, Pro forma financial information (Article 11 or S-X Article 11), describes the requirements of the Securities and Exchange Commission (SEC) for registrants to provide pro forma financial information, and Article 8-05 of Regulation S-X provides the SEC’s pro forma requirements for smaller …
What does the SEC require public companies to disclose?
Reports filed with the SEC can be viewed by the public on the SEC EDGAR website. The required reports include an annual Form 10-K, quarterly Form 10Q’s and current periodic Form 8-K as well as proxy reports and certain shareholder and affiliate reporting requirements.
What does a public company have to disclose?
Federal regulations require the disclosure of all relevant financial information by publicly-listed companies. In addition to financial data, companies are required to reveal their analysis of their strengths, weaknesses, opportunities, and threats.
Is Regulation SX only for public companies?
Regulation S-X is closely related to Regulation S-K, which lays out reporting requirements for various SEC filings and registrations used by public companies….History.
| Year | Date | Official title |
|---|---|---|
| 1964 | October 15 | Regulation S-X: form and content of financial statements as amended October 15, 1964 full-text |
What is the difference between Regulation SK and SX?
Regulation S-K establishes reporting requirements for companies smaller than a certain size whereas Regulation S-X is directed toward companies larger than that size. Regulation S-K establishes reporting requirements for publicly held companies whereas Regulation S-X is directed toward private companies.
Is an 8-K filing good or bad?
Is an 8K filing bad? No. Form 8-K is used to disclose any events or information that may affect investor decisions to the public, so it can contain both positive and negative events.
What does an 8K filing mean?
An 8-K is a report of unscheduled material events or corporate changes at a company that could be of importance to the shareholders or the Securities and Exchange Commission (SEC).
What is the difference between Regulation SK and Regulation SX?
What are pro forma adjustments?
They are often used, for example, when expanding a business, such as when buying a branch or a factory: pro forma adjustments represent the effect of such change on the full-year results of the business as if the acquisition had already taken place at the beginning of the year, thus providing a basis for comparison for …