What does Finrep do for SEC reporting teams?

Finrep provides purpose-built workflows for SEC reporting including roll-forward analysis, peer alignment benchmarking, comment letter risk detection, filing readiness checks, and AI-assisted disclosure drafting — all grounded in evidence and peer precedent.

How does Finrep help with 10-K and 10-Q drafting?

Finrep's Disclosure Drafting workflow drafts or refines 10-K and 10-Q sections using peer precedent, prior period language, and applicable ASC guidance as grounding sources. Every output is traceable to its source.

Can Finrep help respond to SEC comment letters?

Yes. Finrep's Comment Letter Response workflow drafts substantive, defensible responses to SEC staff comment letters by referencing peer company responses and applicable accounting guidance.

What workflows does Finrep offer for CFO and Controller teams?

Finrep offers Certification Readiness, Cross-Period Consistency, and Board Briefing workflows — covering pre-certification risk summaries, narrative consistency checks, and audit committee-ready disclosure summaries.

Does Finrep support ESG and sustainability reporting?

Yes. Finrep includes ESG Disclosure Benchmark and ESG Regulatory Monitoring workflows, supporting TCFD, SASB, and GRI framework alignment as well as SEC climate disclosure rule tracking.

Which teams in the CFO office does Finrep support?

Finrep supports SEC Reporting, Technical Accounting, Legal Counsel, Investor Relations, Disclosure Committee, CFO and Controller, Tax Team, and ESG Reporting functions.

How many prior periods can I compare against?

Configurable. Default: immediately prior period. Extendable to up to eight prior quarters or four annual filings.

How are intentional changes handled?

Flagged with the resolution path "likely intentional." The preparer adds a one-line explanation for the change. Explanation retained in the resolution record for the audit file.

Does it cover non-GAAP metrics in earnings releases as well as filings?

Yes. If the earnings release is provided as an upload, non-GAAP definitions compared across the release, 10-Q, and 10-K.

How is severity determined per flag?

By the type and scope of the divergence: definition scope changes are higher severity than isolated word substitutions. Severity indicator shown per flag to help prioritize review.

What does the resolution record include?

Each flag with its dimension, prior period language, current language, resolution path, and preparer's explanation (if documented). Exported for the audit file.

Does it flag changes that are improvements?

Yes. Every divergence is flagged regardless of direction. The preparer decides whether to correct, document, or dismiss. No divergence is suppressed as a style improvement without review.

CFO / Controller

Cross-Period Consistency

Cross-period consistency checks that narrative framing, non-GAAP metric definitions, and disclosure terminology hold across reporting periods. Finrep compares your current draft against prior filings, flags each divergence with the specific language from each period side by side, and surfaces whether it needs correction or documented explanation.

3 consistency dimensions

Narrative framing, non-GAAP definitions, terminology

Side-by-side

Both period languages shown per flag

Resolution path

Correction or documented explanation per flag

See sample reports

Sample Cross-Period Consistency Reports

See what a Finrep cross-period consistency check looks like. Download and review the full output.

Today's reality

Cross-Period Consistency without Finrep

Consistency checked by the same person who wrote the prior period, relying on memory
Non-GAAP definition drift undetected across interim and annual filings
Terminology changes treated as style edits, not flagged as consistency issues
No resolution path: divergences either corrected silently or left unexplained

CFO / Controller · Review

Consistency drift is invisible filing by filing. Analysts notice it across filings.

A revenue metric defined one way in the 10-K and described slightly differently in the 10-Q. A risk factor that used "material" last year and "significant" this year. A non-GAAP adjustment that was described in two sentences and is now described in one. Each change is defensible in isolation. Across four or eight quarters, the accumulated drift reads as inconsistency to an analyst who covers the company closely or an SEC reviewer who reads the prior filing alongside the current one.

Without Finrep

Manual process

Consistency checked by the same person who wrote the prior period, relying on memory
Non-GAAP definition drift undetected across interim and annual filings
Terminology changes treated as style edits, not flagged as consistency issues
No resolution path: divergences either corrected silently or left unexplained

With Finrep

Automated workflow

Systematic comparison against prior filings across all three consistency dimensions
Non-GAAP definition drift flagged with the prior and current language side by side
Terminology changes flagged with the specific period-over-period divergence shown
Each flag resolved as correction or documented explanation retained for the audit file

From current draft to consistency flag report in four steps

Upload your current draft and prior filings

Drop your current 10-K or 10-Q and one or more prior period filings. Specify the consistency scope: narrative framing only, non-GAAP definitions only, or all three dimensions.

Finrep runs the cross-period comparison

Narrative framing compared by topic across periods. Non-GAAP metric definitions traced across all filings in scope. Disclosure terminology mapped for divergence.

Review flags with both period languages

Each divergence shown with the prior period language and current draft language side by side. Flag categorized by dimension and severity. Resolution path indicated: likely correction, likely intentional (document), or ambiguous (requires review).

Resolve and document

Accept corrections directly. Add explanation for intentional changes. Export the resolution record as documentation retained for the audit file and disclosure committee review.

What you get

Consistency flag report with side-by-side language and resolution record

Disclosure ComparisonGrid Reports

CFO / Controller

What Cross-Period Consistency does at a glance

Team: CFO / Controller
Filing phase: Review
Output: Consistency flag report with side-by-side language and resolution record
Modules: Disclosure ComparisonGrid Reports

What changes when consistency is checked against every prior period, not just memory

Narrative framing consistency

Topic-level framing compared across periods: tone on a shared risk, characterization of a trend, language used to describe the same business event. Divergence flagged when the same topic is framed materially differently without a corresponding change in the underlying facts. Both period languages shown side by side.

Non-GAAP metric definition consistency

Every non-GAAP metric present in the current draft traced across prior filings: definition language, adjustment components, and reconciliation line items. Definition changes flagged with the specific language that changed. Reconciliation scope changes flagged separately from terminology changes.

Disclosure terminology mapping

Key terms used in disclosures tracked across periods: materiality characterizations ("material," "significant," "immaterial"), quantitative descriptors, and forward-looking language conventions. Systematic substitution flagged differently from isolated changes. Coverage spans Item 1A, MD&A, and all financial statement footnotes.

Resolution path per flag

Each flag carries a resolution path indicator: likely correction (the change appears unintentional given context), likely intentional and should be documented (the change follows a business event or guidance update), or ambiguous (requires preparer judgment). Resolution record exported for the audit file.

Built for the people who certify consistency across reporting periods

CFO / Controller

Every framing, definition, and terminology divergence from prior periods flagged before sign-off. Documented explanation for intentional changes retained in the file.

SEC Reporting Lead

Non-GAAP definitions and narrative framing traced across all filings in scope. Resolution record ready for disclosure committee review.

FAQ

Narrative framing (how the same topic is characterized), non-GAAP metric definitions (definition language, adjustments, reconciliation scope), and disclosure terminology (materiality characterizations, quantitative descriptors, forward-looking language).