SEC Reporting Requirements

Question 1

What is the name of the database used by the SEC t electronically file forms?

Answer 1

EDGAR - must be filed electronically unless it will cause a hardship on the filing company

Question 2

What is the SEC Regulation S-K?

Answer 2

17 CFR Part 229 - instructions for filing the nonfinancial statement forms (disclosure) required under the Securities Act of 1933, Securities Exchange Act of 1934 and Energy Policy and Conservation Act of 1975

Question 3

What is the SEC Regulation S-T?

Answer 3

17 CFR Part 232 - governs the electronic submission of required forms. Due to the SEC requiring electronic filing, Reg S-T may supersede Reg S-K

Question 4

What is SEC Regulation S-X?

Answer 4

17 CFR Part 210 - prescribes the form and content of, and the requirements for, financial statements

Question 5

What is the filing deadline for Form 10-K for Large Accelerated Filer ($700MM or more)?

Answer 5

75 days for FY ending before 12/15/2006, and 60 days for FYE on or after 12/15/2006

Question 6

What is the filing deadline for Form 10-K for Accelerated Filer ($75MM or more and less than $700MM)?

Answer 6

75 days

Question 7

What is the filing deadline for Form 10-K for non-accelerated filer (less than $75MM)?

Answer 7

90 days

Question 8

What is the filing deadline for Form 10-Q for Large Accelerated Filer ($700MM or more)?

Answer 8

40 days

Question 9

What is the filing deadline for Form 10-Q for Accelerated Filers ($75MM or more and less than $700MM)?

Answer 9

40 days

Question 10

What is the filing deadline for Form 10-Q for non-accelerated Filers (less than $75MM)?

Answer 10

45 days

Question 11

What information is included on the Form 10-Q?

Answer 11

1. Name, address and telephone #
2. Financial Information
3. Other information

Question 12

What are the 4 financial information items needed on the Form 10-Q?

Answer 12

1. Financial statements
2. Management’s discussion and analysis of financial condition and results of operations
3. Quantitative and qualitative disclosures about market risk
4. controls and procedures

Question 13

What are the 4 “other information” items needed on the Form 10-Q?

Answer 13

1. legal proceedings
2. risk factors
3. unregistered sales of equity securities and use of proceeds
4. defaults upon senior securities

Question 14

What are the 27 informational items found on the Form 10-K?

Answer 14

1. exact name of registrant as specified in its charter
2. state or other jurisdiction of incorporation or organization
3. IRS EIN
4. address and telephone#
5. Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934
6. Securities registered pursuant to Section 12(g) of the Securities Act of 1934
7. The aggregate market value of shares held by nonaffiliated of the registrant
8. business
9. risk factors
10. unresolved staff comments
11. properties
12. legal proceedings
13. Submission of matters to a vote of security holders
14. market for registrant’s common equity, related stockholder matters and issuer purchases of equity securities
15. selected financial data
16. management’s discussion and analysis of financial condition and results of operation
17. quantitative and qualitative disclosures about market risk
18. financial statements and supplementary data
19. changes in and disagreements with accountants on accounting and financial disclosures
20. controls and procedures
21. other information
22. directors, executive officers, and corp governance
23. executive compensation
24. Security ownership of certain beneficial owners and management and related stockholder matters
25. certain relationships and related transactions, and director independence
26. principal accounting fees and services
27. exhibits and financial statement schedules