EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, and forwarding of

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EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). All publicly traded domestic companies use EDGAR to make the majority of their filings. (Filings by foreign companies are not required to be filed on EDGAR, but some of these companies do so voluntarily.) Form 10-K, which includes the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet.

Required:
1. Access EDGAR on the Internet at www.sec.gov.
2. Search for a public company with which you are familiar. Access its most recent 10-K filing. Search or scroll to find the statement of shareholders' equity and related note(s). If a statement of shareholders' equity is not provided, try another company.
3. Determine from the statement the transactions that occurred during the most recent three years that affected retained earnings.
4. Determine from the statement the transactions that occurred during the most recent three years that affected common stock. Were any of these transactions identified in requirement 3 also?
5. Cross-reference your findings with amounts reported on the balance sheet. How do these two statements articulate with one another?

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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