The companies are under legal obligation to file prescribed documents with Edgar to ensure that they are working in an honest manner following all the rules and regulation as laid down by the SEC. The information accumulated through EDGAR is made public for the people to know about the company’s financial position so that accordingly they can invest in the company. The old companies are aware about the prescribed compliance which they have to follow to file EDGAR. But for the new company EDGAR filling is a daunting and hectic task and also they are not aware about the documents that are needed to be submitted with the SEC in electronic form. Many authorized agencies provide Edgar filing services to help the new companies and few old companies who want to shed their burden of filing documents to SEC.
The process of EDGAR filing
In order file EDGAR, you need to have unique access code which is generated by SEC. After generating the code you can contact the approved agency who can help you in your every step. You need to upload your company’s quarter, annual statement, balance sheet and other prescribed documents to your agency’s account. The agency checks the legality of your documents and makes your filing as per the approved format of SEC and sends you back for approval. After the filing is reviewed by you, the agency will do one last time check of your documents and will finally upload your documents with the SEC. After that you will receive email confirmation by SEC to file the hard copies of your documents.