Question

Form 10-Q Quarterly report to the sec

A) must be filed within 40 days of the last of the first three fiscal quarters by large accelerated filers (700 million or more) and accelerated filers ( 75 -700 million)
B) 45 days by nonaccelerated filers (less than 75 million)

Answer 1

Form 10-Q is a quarterly report filed with the SEC. Large accelerated and accelerated filers must file within 40 days of quarter-end, while non-accelerated filers have 45 days.

Step-by-step explanation:

The student's question pertains to the filing requirements for Form 10-Q, which is a quarterly report that publicly traded companies must file with the U.S. Securities and Exchange Commission (SEC). Form 10-Q must be filed by large accelerated filers (companies with a market capitalization of $700 million or more) and accelerated filers (companies with a market capitalization between $75 million to $700 million) within 40 days after the end of each of the first three fiscal quarters. Non-accelerated filers (companies with less than $75 million in market capitalization) must file within 45 days after the quarter's end. These filings help investors and analysts assess the company's financial health and performance in near real time. The requirement is part of the SEC's mandate to ensure transparency and to allow for informed decision-making by investors.