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This document is a quarterly report by Northern Trust Corporation, providing detailed financial information, management discussion, and analysis, along with various disclosures as required by the

How to fill out form 10-q

How to fill out FORM 10-Q

1. Obtain the current FORM 10-Q template from the SEC's EDGAR database.
2. Read the instructions provided with the form to understand the specific reporting requirements.
3. Fill out the introductory section, including the company's name, ticker symbol, and fiscal period.
4. Provide financial statements, including the balance sheet, income statement, and statement of cash flows.
5. Include detailed notes accompanying the financial statements that explain accounting policies and any significant changes.
6. Complete the management's discussion and analysis (MD&A) section, summarizing the company's financial condition and results of operations.
7. Ensure that risk factors and any legal proceedings are accurately reported in the respective sections.
8. Review and edit the completed form for accuracy and compliance with SEC regulations.
9. File the FORM 10-Q electronically with the SEC through the EDGAR system by the deadline.

Who needs FORM 10-Q?

1. Publicly traded companies in the United States are required to submit FORM 10-Q quarterly to report their financial performance.
2. Investors and analysts use FORM 10-Q to assess a company's financial health and operational results over the quarter.
3. Regulators, such as the SEC, require FORM 10-Q for monitoring compliance with federal securities laws.

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 SEC that provides a comprehensive overview of a company's financial performance. It is used to inform investors about the company's financial condition, operations, and disclosures on a quarterly basis.

Who is required to file FORM 10-Q?

Publicly traded companies in the United States that are registered with the SEC are required to file FORM 10-Q on a quarterly basis. This includes large accelerated filers, accelerated filers, and non-accelerated filers.

How to fill out FORM 10-Q?

Filling out FORM 10-Q involves compiling financial statements, management discussion and analysis (MD&A), quantifiable data about the company's performance, and other disclosures. Companies must ensure that the report meets the SEC's requirements and is filed electronically through EDGAR.

What is the purpose of FORM 10-Q?

The purpose of FORM 10-Q is to provide investors and the public with timely information about a company's financial health, operational performance, and any significant changes or risks facing the company since the last filing.

What information must be reported on FORM 10-Q?

FORM 10-Q must include unaudited financial statements, management’s discussion and analysis (MD&A), disclosures about market risk, compliance with laws, and any changes in accounting principles. It may also include updates on legal proceedings and other significant events.