The SEC routinely require public companies to include their review reports in their 10-Q filings because it is said to be made up of fewer details and the financial statements inclusive that are known to be unaudited.
- Note that Form 10-Q is asked for because it is often used to make comparison of a company’s previous financial quarter to that of its current financial quarter.
<h3>What is Form 10-Q?</h3>
Form 10-Q is known to be a type of a report that is often needed by the Securities and Exchange Commission (SEC) and it is one that all public company need to file on quarterly basis.
Note also that The SEC is known to have made and need the form in accord to the pursuant of the Securities Exchange Act of 1934 and this form helps them to keep investors well informed about the state of their financial health and all that is taking place at the companies they have invest in or will choose to invest in.
Hence, Form 10-Q is asked for because it is often used to make comparison of a company’s previous financial quarter to that of its current financial quarter.
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