Small Business Dictionary

Quarterly Reports

Quarterly Reports are detailed financial analyses that must be issued within 35 days of a company’s first three fiscal quarters and between its annual reports. Quarterly Reports typically include unaudited financial statements with the balance sheet, income statement, and statement of changes in financial position with footnotes. If you're an employer and withhold federal, Medicare and social security taxes from your employees' paychecks, you are most like to file Form 941 for Quarterly Reports.