What is SEC Form 11-K?
How Does SEC Form 11-K Work?
A Form 11-K requires the following:
- Audited financial statements for the past two fiscal years
- Audited statement of income and changes in plan for each of the latest three fiscal years of the plan
Why Does SEC Form 11-K Matter?
Companies aren't the only organizations that must file annual reports with the SEC. The employeepurchase plans of those companies have to make public disclosures, too. The objective is to provide shareholders and prospective shareholders with accurate, relevant and timely information about the financial and operating performance of the company's employee purchase plan.