What are schedules in financial statements?

What are schedules in financial statements?

In accounting, a schedule is defined as the supporting report or document which constitutes detailed information, explaining the elements of the chief financial report. It serves as a kind of proof to all the data that is presented in the financial report, with answers to all the numbers mentioned in the report.

Which SEC filing shows financial statements?

The Management Discussions and Analysis (MD&A) is a section of the annual report or SEC filing 10-K that provides an overview of how the company performed in the prior period, its current financial condition, and management’s future projections., and audited financial statements.

Who files a 20f?

Securities and Exchange Commission
SEC Form 20-F is a form issued by the Securities and Exchange Commission (SEC) that must be submitted by all “foreign private issuers” with listed equity shares on exchanges in the U.S. Form 20-F calls for the submission of an annual report within four months of the end of a company’s fiscal year or if the fiscal year- …

What is Schedule 2 of Companies Act?

(ii) Furniture and fittings used in hotels, restaurants and boarding houses, schools, colleges and other educational institutions, libraries; welfare centres; meeting halls, cinema houses; theatres and circuses; and furniture and fittings let out on hire for use on the occasion of marriages and similar functions.

What do SEC filings show?

What Are SEC Filings? SEC Filings are regulatory documents that companies and issuers of securities must submit to the Securities and Exchange Commission (SEC) on a regular basis. The purpose is to provide transparency and information to investors, analysts, and regulators.

How do you know if a company is profitable from financial statements?

To determine whether a company is profitable, pay attention to indicators such as sales revenue, merchandise expense, operating charges and net income. All these elements are part of an income statement, also known as a statement of profit and loss. Profitability is distinct from liquidity, though.

Who is primarily responsible for the financial statements?

A company’s management is primarily responsible for financial statement accuracy and compliance with GAAP.

What is the difference between a 10k and 20f?

Form 10-K for annual information required by the SEC, including annual audited financial statements. Form 20-F for annual information, including annual audited financial statements.

What is 20f report?

Form 20-F is the primary disclosure document required of foreign private issuers listing equity shares on exchanges in the United States. It’s most often filed with the Securities and Exchange Commission (SEC) as an annual report but is also used to register classes of securities.