Give us a few facts about your company and its financial statements and we’ll tell you when the financial statements go stale under SEC rules. If the date falls on a weekend or SEC holiday, we’ll automatically make the permitted extension to the next business day.
NOTE: This calculator calculates staleness under SEC rules. The cutoff date under PCAOB rules for comfort letter purposes may be earlier. PCAOB AS 6101 (paragraph 47) (which comes from SAS 74/PCAOB AU 634) permits accountants to give traditional negative assurance only up to 134 days after the end of the most recent period for which the accountant has performed an audit or review, although “pass through” comfort (procedures and findings comfort under PCAOB AS 6101) may still be an option. For a complete discussion of the “135-Day Rule” and the interplay with staleness of financial statements, see this WoW.
ISSUER FILING STATUS
A Delinquent Filer is an SEC registrant that files annual, quarterly and other reports pursuant to Section 13 or 15(d) of the Exchange Act, but has not filed one or more of the reports that are due.
An IPO company has no current SEC reporting obligations.
A Loss Corporation does not expect to report positive income after taxes but before extraordinary items and the cumulative effect of a change in accounting principle for (a) the most recently ended fiscal year and (b) at least one of the two prior fiscal years.
A Large Accelerated Filer has an aggregate market value held by non-affiliates of $700 million or more as of the last business day of the most recent Q2. Once you are in, you have to fall below $560 million to get out.
An Accelerated Filer has an aggregate market value held by non-affiliates of greater than $75 million but less than $700 million as of the last business day of the most recent Q2 (unless you were previously a Large Accelerated Filer, in which case the range is $60-560 million). Once you are in, you have to fall below $60 million to get out.