Get the free FORM 10-Q

This document serves as a quarterly financial report for Berkshire Hathaway Inc., detailing its financial condition, results of operations, and cash flows for the quarterly period ended June 30, 2010.

How to fill out form 10-q

How to fill out FORM 10-Q

1. Gather financial data for the quarter you are reporting on.
2. Complete the cover page with basic company information and reporting period.
3. Fill out the balance sheet including assets, liabilities, and equity.
4. Prepare the income statement for the quarter showing revenues and expenses.
5. Create the cash flow statement detailing cash inflows and outflows.
6. Complete the notes to financial statements, providing additional context and disclosures.
7. Review the Management's Discussion and Analysis section for narrative about the financial results.
8. Ensure compliance with all SEC regulations and instructions regarding FORM 10-Q.
9. Submit the completed form to the SEC through their EDGAR system.

Who needs FORM 10-Q?

1. Publicly traded companies are required to file FORM 10-Q.
2. Investors and analysts who need to evaluate a company's quarterly performance.
3. Regulatory agencies monitoring corporate compliance and financial reporting.

People Also Ask about

What triggers the filing of Form 10?

The SEC requires a company to file SEC Form 10 when it has more than $10 million in total assets and more than 500 shareholders. A company with fewer shareholders or assets may voluntarily make this SEC filing, but it is not required.

What is the difference between a 10-K and a 10-Q?

While 10K reports are due annually and must include audited financial statements, 10Q reports are due quarterly, three times a year, and include unaudited financial statements. 10Q filings provide shareholders and the public an on-going update on a company's performance over the year.

What is the difference between a Form 10-K and a Form 10-Q?

While 10K reports are due annually and must include audited financial statements, 10Q reports are due quarterly, three times a year, and include unaudited financial statements. 10Q filings provide shareholders and the public an on-going update on a company's performance over the year.

Is Form 10-Q audited?

Form 10-Q is similar to Form 10-K but less detailed. Additionally, the financial statements in a 10-Q are near the beginning of the filing, unlike the 10-K. The financial statements in a Form 10-Q are considered unaudited, unlike in the 10-K, where a full audit is performed.

Which of the following entities requires the filing of the Form 10-Q?

Yes, all U. S. public companies issuing common shares of stock that trade on exchanges are required to file Form 10-Q.

What is Form 10-Q used for?

The 10-Q provides a window into the financial health of a company. Investors can use the form to get a sense of its quarterly earnings and other elements of its operations and to compare them to previous quarters. Thus, it is a dependable performance-tracking tool.

Who signs 10-Q?

At least one complete copy of the report filed with the Commission and one such copy filed with each exchange must be manually signed on the registrant's behalf by a duly authorized officer of the registrant and by the principal financial or chief accounting officer of the registrant.

Who has to file 10-Q?

Any publicly traded company must file the Form 10-Q, along with the Form 10-K and other required filings. The SEC gives two timeframes for filing: Large accelerated and accelerated filers with a float exceeding $700 million need to submit Form 10-Q within forty days of the quarter's end.

For pdfFiller’s FAQs

What is FORM 10-Q?

FORM 10-Q is a quarterly report that publicly traded companies in the United States are required to file with the Securities and Exchange Commission (SEC). It provides a comprehensive overview of the company's financial performance and operations during the most recent quarter.

Who is required to file FORM 10-Q?

Publicly traded companies that file annual reports on FORM 10-K are required to file FORM 10-Q with the SEC for each of the first three quarters of their fiscal year.

How to fill out FORM 10-Q?

To fill out FORM 10-Q, companies need to complete various sections that include consolidated financial statements, management discussion and analysis (MD&A), and disclosures regarding market risk, legal proceedings, and internal controls. The form can be filled out electronically using the SEC's EDGAR filing system.

What is the purpose of FORM 10-Q?

The purpose of FORM 10-Q is to provide shareholders and the general public with updated information about a company's financial status, operational results, and any significant developments that occurred during the quarter.

What information must be reported on FORM 10-Q?

FORM 10-Q must include unaudited financial statements, management's discussion and analysis (MD&A) of financial condition and results of operations, disclosures about market risk and legal proceedings, as well as information about internal controls over financial reporting.