What does Regulation S-K apply to?

What does Regulation S-K apply to?

Regulation S-K is a Securities and Exchange Commission (SEC) regulation that outlines how registrants should disclose material qualitative descriptors of their business on registration statements, periodic reports, and any other filings. The text of Regulation S-K can be found in 17 CFR Part 229.

Is selected financial data required?

Registrants are no longer required to provide selected financial data; however, they are encouraged to consider whether they may need to present trend information within MD&A for periods earlier than those periods presented in the financial statements.

What is Item 303 Regulation sk?

Discussion of Financial Condition and Results of Operations for Full Fiscal Years. Current Item 303(a) provides that companies must discuss their financial condition, changes in financial condition, and results of operations for full fiscal years.

What is SEC modernization?

The Commission voted to adopt amendments to modernize, simplify and enhance certain financial disclosures called for by Regulation S-K, and related rules and forms, in a manner that reduces the costs and burdens on registrants while continuing to provide material information to investors.

What is Item 303 Regulation S-K?

What is the difference between Regulation SK and SX?

Regulation S-K is generally focused on qualitative descriptions while the related Regulation S-X focuses on financial statements.

Does Regulation SK apply to foreign private issuers?

Regulation S-K does not apply to foreign private issuers unless a form reserved for foreign private issuers specifically refers to Regulation S-K.

What is liquidity and capital resources?

Definition. The term Liquidity and Capital Resources refers to a section of the Management’s Discussion and Analysis of Financial Condition that provides insights into the company’s need for cash as well as its sources of cash.

What is Section 305 of the 1717 CFR?

17 CFR § 229.305 – (Item 305) Quantitative and qualitative disclosures about market risk. § 229.305 (Item 305) Quantitative and qualitative disclosures about market risk. (a) Quantitative information about market risk.

What is item 301 of Regulation S-K?

Item 301 — Selected Financial Data Question: Item 301 of Regulation S-K requires a foreign private issuer to disclose the exchange rate into U.S. currency of the foreign currency in which the financial statements are denominated.

Does a registrant have to include item 305 in its Form 10-Q?

Answer: A registrant does not have to include Item 305 disclosure in its Form 10-Q unless there is a material change to the Item 305 information disclosed in its most recently filed Form 10-K. [July 3, 2008] Section 113. Item 306 [ Reserved] Section 114. Item 307 — Disclosure Controls and Procedures Section 115.

What information should be included in section 305A and 305B?

For purposes of paragraphs 305 (a) and 305 (b), registrants should present the information outside of, and not incorporate the information into, the financial statements (including the footnotes to the financial statements). In addition, registrants are encouraged to provide the required information in one location.