We understand that a deep-dive into EDGAR is not just about the search results.
Growing regulatory environment, higher business complexity and increased focus on accountability have led enterprises to pursue a broad range of governance, risk and compliance initiatives across the organization.
However, these initiatives are uncoordinated in an era when risks are interdependent and controls are shared.
As a result, these initiatives get planned and managed in silos, which potentially increases the overall business risk for the organization.
123(R) began requiring companies to recognize an expense equal to the grant-date fair value of options awarded as compensation, there has been a significant change in share-based payments to employees.
Companies are taking a fresh look at the alternatives available to compensate employees and minimize the effect on financial statements.
Last Friday, the SEC issued two releases regarding guidance on revenue recognition, along with a related Staff Accounting Bulletin.
In addition we extract and normalize a significant amount of data ourselves and make it available to our clients minutes after the original filings have been pushed to EDGAR.
Nearly 5,000 were called to a massive meeting and told that the paychecks that they had recently received would be their last. In August of that year, Sherron Watkins, an Enron vice president, had sent an anonymous memo to Lay that read, "I am incredibly nervous that we will implode in a wave of accounting scandals." Of course, that's exactly what happened. (After sending the memos, she had met with Lay with no results.) Watkins was soon lauded as an "internal whistle-blower," brought before Congressional and Senate hearings to testify against her former bosses, and heralded by TIME magazine as a "Person of the Year," with World Com's Cynthia Cooper and the FBI's Coleen Rowley.
CEO Ken Lay had left a voice mail on the phones of all Enron employees asking they come into the office regardless. Congress discovered Watkins' memos to Lay and other top executives.
We have a custom developed search engine with 9 search operators and more than 35 ways to filter documents.
We offer extraction tools that help users extract search context and specific tables from those filings.