How long do you have to file 10-K?

How long do you have to file 10-K?

Form 10-K

Category of Filer (public float) Revised Deadlines For Filing Periodic Reports
Form 10-K Deadline Form 10-Q Deadline
Large Accelerated Filer ($700MM or more) 60 days 40 days
Accelerated Filer ($75MM or more and less than $700MM) 75 days 40 days
Non-accelerated Filer (less than $75MM) 90 days 45 days

Does a 10-K have to be audited?

The 10-Q does not include all the detailed information, such as background and operations detail, that a 10-K does, and its figures are not audited. Companies file three 10-Qs a year; the fourth quarter is covered by their 10-K.

Who has to file a 10-K report?

Companies with more than $10 million in assets and a class of equity securities that is held by more than 2000 owners must file annual and other periodic reports, regardless of whether the securities are publicly or privately traded.

What is Comcast’s fiscal year?

Comcast’s fiscal year end is December 31.

When form 10 is required to be filed?

Form 10-IC is required to filed only if a Domestic Company chooses to pay tax at concessional rate of 22% under Section 115BAA of the Income Tax Act,1961.

What does it mean when financial statements go stale?

For annual, first quarter, and second quarter financial statements, “staleness” means the point in the year when the financial statements become so old that the issuer needs to include the subsequent quarter’s financial statements.

How much debt does Comcast have?

At the end of December 2021, Comcast had $8.7 billion in cash and cash equivalents on hand versus $2.1 billion in short-term debt, $92.7 billion in long-term debt, and $5.2 billion in long-term collateralized obligations.

Is Comcast the largest cable company in the world?

Comcast is the second largest broadcasting and cable television company in the world by revenue, and is America’s largest home Internet service provider.

What happens if form 10E is not filed?

If you fail to Form 10E but claim relief u/s 89 in your ITR, your ITR will be processed but the relief claimed u/s 89 will not be allowed.

How do you know if a company is public or private?

USATODAY.com’s Money section is a great way to see if a company is public. Enter the name of the company, and if it’s a public company, you will see its name appear.

Do privately owned companies get audited?

Private companies, without publicly traded debt or equity, aren’t required to either publicly disclose financial statements or have their financial statements audited.

What is the 135 day rule?

If 135 days or more have elapsed since the date of the issuer’s most recent audited annual financial statements or reviewed interim financial statements, on one hand, and the cut-off date of the comfort letter, on the other hand, then auditors will not be able to give any negative assurance as to subsequent changes in …

How did WorldCom’s accountants conceal over $9 billion in expenses?

In general, WorldCom manipulated its financial results in two ways. First, WorldCom reduced its operating expenses by improperly releasing certain reserves held against operating expenses. Second, WorldCom improperly reduced its operating expenses by recharacterizing certain expenses as capital assets.

Is a Form 10-K public information?

Notably, 10-K filings are public information and readily available through a number of sources. In fact, the vast majority of companies include them in the Investor Relations section of their website.

Do I need to file an annual report if I made no money?

Generally, yes. If you answered “yes” to the previous questions, you should still file an Annual Report even if you don’t have sales or profits. An Annual Report is where you will report on any changes made to your business over the last year, which would include financial performance, whether up or down.

  • September 12, 2022