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This document is a quarterly financial report filed by Sovran Self Storage, Inc. It includes financial statements, management's discussion and analysis, and disclosures about the company's performance
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How to fill out form 10-q
How to fill out Form 10-Q
01
Gather Company Information: Collect the company's name, address, and fiscal year-end.
02
Financial Statements: Prepare the balance sheet, income statement, and cash flow statement as of the end of the most recent quarter.
03
Management's Discussion and Analysis: Write a narrative that discusses the financial condition and results of operations.
04
Notes to Financial Statements: Include relevant notes that explain the financial statements in detail.
05
Risk Factors: Update the list of potential risks that could affect the business.
06
Controls and Procedures: Disclose any changes in internal control over financial reporting.
07
Sign and Date: Ensure that the report is signed by the principal executive and financial officers.
08
Submit: File the completed Form 10-Q with the SEC through the EDGAR system.
Who needs Form 10-Q?
01
Publicly traded companies that are required by the SEC to report quarterly financial information.
02
Investors looking for financial performance updates on publicly traded companies.
03
Analysts and researchers who study companies' performance and compliance.
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People Also Ask about
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.
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.
When must a 10-Q be filed?
Information for the final quarter of a firm's fiscal year is included in the 10-K, so only three 10-Q filings are made each year. The form 10-Q must be filed within 45 days of the end of the quarter.
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.
What is the purpose of the Form 10-Q?
The Form 10-Q includes unaudited financial statements and provides a continuing view of the company's financial position during the year. The report must be filed for each of the first three fiscal quarters of the company's fiscal 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.
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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. It provides a comprehensive overview of a company's financial performance and operations over the previous quarter.
Who is required to file Form 10-Q?
Publicly traded companies in the United States that are registered with the SEC are generally required to file Form 10-Q. This includes companies that file Form 10-K annually.
How to fill out Form 10-Q?
Filling out Form 10-Q involves gathering financial data and details about the company’s operations for the quarter. This includes preparing financial statements, management discussion and analysis, and disclosures about market risks and other relevant information. Companies typically use specific SEC guidelines to ensure compliance.
What is the purpose of Form 10-Q?
The purpose of Form 10-Q is to provide investors and the public with timely updates on a company's financial condition, results of operations, and other significant information occurring in the interim period, ensuring transparency and accountability.
What information must be reported on Form 10-Q?
Form 10-Q must report various information, including unaudited financial statements, management’s discussion and analysis (MD&A) of financial condition, disclosures about market risks, and any other information necessary for investors to make informed decisions.
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