Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

10-K

What it is:

The objective of the 10-K and other SEC-required forms is to provide shareholders and prospective shareholders with accurate, relevant, and timely information about the financial and operating performance of the company.

How it works (Example):

The 10-K is just one of many forms a company that is publicly traded in the U.S. must file with the SEC. The main components include:

SEC regulations S-X and S-K (as well as the instructions to the 10-K form itself) dictate the specific elements, presentation, and disclosure requirements of the 10-K. Historically, companies had 90 days from the end of their fiscal years to file a 10-K. However in 2002, the SEC created new deadlines that range from 40 to 90 days depending on company size. In general, public companies with less than $10 million in assets do not have to file 10-Ks or other required forms.

Why it Matters:

A 10-K is a comprehensive annual financial review that public companies in the U.S. are required to submit to the Securities and Exchange Commission (SEC) each year.

Related Terms View All
  • Salary Freeze
    For example, Company XYZ makes widgets. Company ABC recently launched the new iWidget,...
  • Vertical Market
    Let’s assume XYZ Company manufactures a special kind of medical glue. The glue only works...
  • Macroprudential Analysis
    In the United States, stress tests are the most common example of macroprudential...
  • Vittorio Mincato
    Born in 1936, Mincato is an accountant on paper. His first any only employer was Italian...
  • Mini-Sized Dow Options
    Bought and sold on the Chicago Board of Trade (CBOT), mini-sized Dow options have a...