Get the free FORM 10-Q

A detailed quarterly report highlighting the financial position and performance of Schlumberger for the period ended June 30, 1998, including financial statements, management's discussion, and analyses.

How to fill out form 10-q

How to fill out FORM 10-Q

1. Begin by downloading the latest FORM 10-Q template from the SEC's EDGAR database.
2. Fill in the company’s name and the fiscal period covered by the report.
3. Complete the financial statements, including the balance sheet, income statement, and cash flow statement.
4. Include the Management's Discussion and Analysis (MD&A) section, highlighting significant changes from the last filed report.
5. Provide disclosures related to market risk, debt, and other commitments.
6. Ensure all sections adhere to SEC formatting requirements, including item numbers and headings.
7. Review for accuracy and completeness, ensuring that all figures and information are current.
8. Submit the completed FORM 10-Q through the SEC's EDGAR filing system before the deadline.

Who needs FORM 10-Q?

1. Publicly traded companies in the United States are required to file FORM 10-Q.
2. Investors and analysts use FORM 10-Q to assess a company's financial health and performance.
3. Regulators require FORM 10-Q to ensure transparency in the financial reporting of publicly traded companies.
4. Creditors and financial institutions may need FORM 10-Q for evaluating creditworthiness.

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 mandated by the U.S. Securities and Exchange Commission (SEC) that publicly traded companies must file, providing a comprehensive overview of their financial performance and operational results for the quarter.

Who is required to file FORM 10-Q?

Publicly traded companies in the United States are required to file FORM 10-Q with the SEC on a quarterly basis.

How to fill out FORM 10-Q?

To fill out FORM 10-Q, companies must include financial statements, management discussion and analysis, disclosures about market risk, and other required information in accordance with SEC guidelines.

What is the purpose of FORM 10-Q?

The purpose of FORM 10-Q is to provide shareholders and potential investors with ongoing insight into a company's financial health, operational results, and any significant events that may have occurred during the quarter.

What information must be reported on FORM 10-Q?

FORM 10-Q must report financial statements, management's analysis of financial condition and results of operations, disclosures regarding market risk, and any material changes that have occurred since the last annual report (FORM 10-K).