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Which agency requires the filing of Form 10-Ks, Form 10-Qs and Form 8-Ks?

a. FASB.
b. IASB.
c. SEC.
d. GAAP.

1 Answer

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Final answer:

The SEC (Securities and Exchange Commission) requires the filing of Form 10-Ks, Form 10-Qs, and Form 8-Ks. These forms are essential for maintaining transparency and legal compliance for publicly traded companies.

Step-by-step explanation:

The agency responsible for requiring the filing of Form 10-Ks, Form 10-Qs, and Form 8-Ks is the Securities and Exchange Commission (SEC). The SEC was established through the Federal Securities Act, which set forth legal standards for information disclosure in relation to publicly traded securities such as stocks and bonds.

Companies registered with the SEC are required to file these forms regularly to maintain transparency and comply with the legal standards for public companies. Form 10-Ks are annual reports, Form 10-Qs are quarterly reports, and Form 8-Ks are reports of unscheduled material events that could be of importance to shareholders.

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