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.

What is the difference between absent and thin?

Absent: the required disclosure is not present anywhere in the filing. Thin: the disclosure exists but does not meet the specificity the governing paragraph demands.

How does it handle conditional requirements?

Flags requirements that may apply based on filing type and industry with the trigger condition and ASC citation. Team confirms or dismisses. No assumption made.

Does it replace the internal checklist?

It supplements it. The checklist covers company-specific practices. The alignment check covers the codification itself, catching requirements the checklist may not include.

How specific are citations?

Paragraph-level. ASC 842-20-50-4, not "ASC 842." Regulation S-K Item 303(b)(2)(ii), not "Regulation S-K."

When should I run it?

After substantive drafting is complete but before committee review. Near-final form gives a reliable gap report with time to address issues.

SEC Reporting

Guideline Alignment Check

Guideline alignment check maps a draft 10-K or 10-Q against applicable SEC rules and ASC disclosure requirements before the filing routes. Finrep surfaces absent topics, thin sections, and conditionally applicable items, each cited to the specific rule or ASC paragraph. The team sees where the filing falls short, not where they think it might.

Gap categories (absent, thin, conditional)

Paragraph-level

Citations to exact ASC and S-K rules

50+

Conditional trigger conditions covered

See sample reports

Sample Guideline Alignment Check Reports

See what a Finrep guideline alignment check looks like on real public company filings. Download and review the full output.

Today's reality

Guideline Alignment Check without Finrep

Compliance checking relies on internal checklists built from memory, updated inconsistently
Absent topics are invisible unless someone recognizes both the requirement and the gap
Thin sections pass review with no objective benchmark against the specific ASC paragraph
Conditional requirements missed when the company enters new transaction types

SEC Reporting · Pre-Filing

Internal checklists cover what the team remembered. The codification covers what is required.

Every reporting team has a disclosure checklist. It was built over years, updated when someone remembered to update it, and reflects the team's institutional knowledge. The problem is that institutional knowledge has gaps.

A new ASU takes effect and the checklist does not get updated until someone notices. A conditional disclosure requirement applies for the first time because the business entered a new transaction type, and no one flags it because the trigger was never on the checklist.

The codification does not have these gaps.

Without Finrep

Manual process

Compliance checking relies on internal checklists built from memory, updated inconsistently
Absent topics are invisible unless someone recognizes both the requirement and the gap
Thin sections pass review with no objective benchmark against the specific ASC paragraph
Conditional requirements missed when the company enters new transaction types

With Finrep

Automated workflow

Filing mapped against the full codification, not the team's checklist
Absent topics surfaced explicitly with the specific requirement and citation
Thin sections flagged against the requirement they serve, not a subjective standard
Conditional items identified with the trigger condition for team confirmation

From draft to compliance gap report in four steps

Upload your draft

Drop your 10-K or 10-Q. Finrep parses items, footnotes, tables, policy disclosures, and financial statements.

Finrep maps against applicable requirements

SEC Regulation S-K, S-X, and ASC codification paragraphs identified based on filing type, industry, and topics covered.

Review the gap report

Every gap categorized and cited: absent (required disclosure not present), thin (present but below requirement specificity), or conditional (may apply, flagged for team confirmation).

Resolve and route

Address gaps while the draft is in progress. Confirm or dismiss conditional items. Export for committee review as a compliance artifact.

What you get

Compliance gap report with absent topics, thin sections, and conditional items cited to source

FinaSEC Rules MappingASC Topic MappingFiling QA

SEC Reporting

What Guideline Alignment Check does at a glance

Team: SEC Reporting
Filing phase: Pre-Filing
Output: Compliance gap report with absent topics, thin sections, and conditional items cited to source
Modules: FinaSEC Rules MappingASC Topic MappingFiling QA

What changes when compliance is checked against the codification, not the checklist

Absent topic detection with paragraph citations

When a required disclosure is not present, the flag includes the specific ASC paragraph or S-K section that mandates it. Not "you may be missing a lease disclosure." Instead: "ASC 842-20-50-4 requires disclosure of weighted-average remaining lease term and discount rate. Not present in the filing."

Thin section flagging against requirement specificity

A disclosure can be present but insufficient. If ASC 280-10-50-22 requires entity-wide geographic revenue data and the filing mentions geographic presence without the data, the section is flagged as thin with the specific paragraph cited.

Conditional requirement identification

Requirements that apply only when specific conditions are met (ASC 842-40 sale-leaseback, ASC 810-10 VIEs, ASC 205-20 discontinued operations) flagged with the trigger condition for team confirmation. No assumption about applicability. The team decides.

Current codification including recent ASUs

Requirement mapping reflects the current codification including recently effective ASUs. When a new ASU amends disclosure requirements, the alignment check includes the updated paragraphs. Primary advantage over internal checklists.

Built for the people who certify the filing covers what guidance requires

SEC Reporting Lead

Gap report mapped to the codification, not the team's checklist. Absent topics and thin sections surface before the filing routes.

Technical Accountant

Conditional requirements flagged with the trigger condition and ASC citation. Your review starts with the specific paragraph.

FAQ

SEC Regulation S-K (Items 101 through 503), Regulation S-X (Articles 4 through 12), and ASC codification disclosure paragraphs across all major topics.