Form 10-Q

Similar to a 10-K, the 10-Q is a report on the state of a publicly traded business. The difference is that a 10-Q has to be filed every quarter (3 months) whereas a 10-K is a yearly report. Usually an auditor has not independently verified the financial statements within a 10-Q.

10-Q forms must be filed within 40 days of the quarter end, and there are 3 issued per year (the 4th quarter details are included in the 10-K).

Free Resources

To continue learning and advancing your career, check out these additional helpful WSO resources:

• Retained Earnings
• Fraud Triangle
• Accounts Receivable Turnover Ratio
• Marginal Cost Formula
• Nash Equilibrium