Tips to Prepare Your 10Q Filings

As summer sets in and you begin to prepare for your 10Q filings due next month, remember there are many ways to stay focused. Whatever your strategy is, keep these few tips in mind to help you execute your filings with ease. Use Online Tools First, know your deadline dates and create checklists of items that need to be done on specific dates and at specific times. Incorporate these same items into a calendar that can be shared electronically. Google and Outlook calendars have efficient online tools, such as reminders, to keep you on track. You can also share the latest updates with all parties involved. Alternatively, use the Edgar Agents free, downloadable calendar that lists the 2015 filing deadlines for your convenience. Use Proofreader’s Marks While proofreading your 10K, use the proper proofreading marks. Be sure to incorporate marks that actually request a specific edit and avoid ambiguous symbols that neither correct or give direction. If you are not familiar with proofreader marks, the Chicago Manual of Style, AP or Merriam-Webster are excellent reference guides. Although some symbols may vary, most marks are similar enough to be universally recognized. Also, double check the submission page to make sure the form type and filing period is accurate. Submit Financials First When you are ready, submit your financial statements and notes first – these take the longest to process. Statements and notes need to be formatted in Edgar while specific information needs to be tagged in XBRL throughout the document. This procedure can take some time to administer accurately. Check Signatures and Dates Make sure all signatures and dates are accurate when submitting your documents. Even if the filing date changes during the conversion process (for example if a company decides to file on another date), be sure to double check the dates and signatures before giving final approval to file. Apply Policies and Procedures Finally, if there is anything about filing electronically that you are doubtful about and your research doesn’t answer your questions, give us a call ahead of time. We can help guide you through the necessary steps so you’re prepared to file before the deadline. To learn more about our products and services, call us at 732-780-5036 or visit our site at www.edgaragents.com.