Disclosure management software that ties every 10-Q number to the ledger before anyone signs
Every 10-Q number tied to the ledger, and fixed everywhere at once, before anyone signs.
See one case, screen by screen ↓Disclosure management software is where an SEC reporting team drafts, reviews and approves the 10-Q, 10-K and annual-report disclosures. Disclosure Management adds seven agents that roll the last filing forward, draft the narrative with sources, tie every number to the ledger, fix a late entry everywhere it lands and check the filing against the company's SEC commitments — for the SEC reporting manager to approve and the CAO to sign off.
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A 10-Q holds more than a thousand numbers, written from a close package that keeps moving after the draft. The SEC reporting team rolls last quarter forward, rewrites the notes and MD&A, then ties each number to a schedule by hand — at the sample company, three people for six working days in Q2. Meanwhile reclasses, tax provision updates and new debt schedules keep posting.
One late journal leaves the same fact disagreeing in the revenue note, the segment note and two MD&A paragraphs, and a linked table does not fix a growth rate written in a sentence. Nothing checks the draft against what the company told the SEC in past comment-letter responses. One number that disagrees with the books can become a comment letter or a restatement, under the CEO's and CFO's certifications.
Estimated split of a quarterly 10-Q, in business days, by hand and with the solution. The roll-forward and tie-out rows follow the sample company's cycle report (Q2 by hand, Q3 with agents); the rest is our estimate.
Seven agents roll forward, draft, trace every number and check each other; the SEC reporting manager approves and the CAO signs off.
Kestrel & Vane Group — a diversified group with Manufacturing, Services and Distribution segments, and a large accelerated filer — is ten business days into its Q3 2026 10-Q, due Mon 9 Nov. Here is what happens next, screen by screen, in the working solution.
Owen's day starts with what holds up the filing: 14 of 1,284 numbers do not tie, from 4 causes, and 7 things need him before the disclosure committee on Tue 27 Oct. Eight of 16 sections are approved, 23 of 26 sub-certifications are in, and there are 26 days to the SEC deadline, with a target of Fri 30 Oct. The first item is a late reclass that moves ten numbers.
Tie-out agent: “I re-tied all 1,284 numbers against the ledger as at 13 Oct 23:59. 14 do not tie. They come from four causes: a late reclass, a typo, an updated tax estimate and an updated debt schedule.”
The draft 10-Q is the work surface. Every number is underlined green (tied to the ledger or a schedule), amber (tied with a rounding note) or red (does not tie) — 1,254, 15 and 14 — with “14 untied” pinned in the corner. The outline shows each section's untied count; Note 3 · Revenue has four, and sentences rewritten since Q2 are marked in the margin.
Tie-out agent: “4 numbers in this section do not tie. Click a red number to see its trail, or ask me.”
Services revenue in the Americas reads 412.6; the source says 412.9. The trail shows the draft figure, written on 5 Oct from close package v1, the consolidation at 412.92, ledger accounts 4100 and 4150, then the cause: JE-Q3-1187, a $318,400 reclass from Distribution, entered 6 Oct and posted 13 Oct. Contract review RV-118, approved by Ravi Menon on 2 Oct, found the contract is a stand-alone maintenance service.
“Journal posted after the draft · confidence 99%.”
The consistency agent finds every place the fact lives: four cells in the Note 3 table, two in Note 14, and two MD&A paragraphs. It recomputes the words as well — “grew 6.2% to $412.6 million” becomes 6.3% and $412.9 million, and the Services segment increase becomes $54.6 million to $902.3 million. The drafting agent's second reading agrees. Total revenue does not change.
“Approve to update every place at once, edit the proposed words, or reject with a reason.”
Owen asks in plain words. The tie-out agent answers with its sources: the journal debits Distribution product revenue and credits maintenance contracts by the same $318,400, the contract review puts the Halden Freight Systems contract in Services, and group revenue stays at 2,418.7. Each statement links to the journal, the review or the consolidation.
“Each change set fixes one cause everywhere it lands; nothing in the draft changes until a person approves.”
Owen picks reason T1 — “Ledger or schedule is right” — and signs. All ten numbers update at once and the untied count drops from 14 to 4. It moves ten numbers but not total revenue, so it is below the $1.0M threshold at which the CAO is copied; Owen asks the agents to tell Margaret Lindqvist when it is done, linked to her comment on the MD&A paragraph.
“I approve CS-01: 10 numbers in 4 places as Owen Brooks, SEC Reporting Manager — e-signature.”
Note 11 still quotes a 23.8% effective rate; tax provision v3 of 13 Oct finalized the Pillar Two top-up tax at $3.1M, and the statements show $59.6M on $247.4M — 24.1%. An estimate change is approved by the technical accounting lead, so CS-03 is Ravi's, with reason T5; Lena Hoffmann, who owns Note 11, is copied. The capex typo, $486.3M for $468.3M, reopens the approved liquidity section for Marcus Bell.
With the reclass fixed, five sections are ready: Note 1, Note 3, Note 14, MD&A results and Part II. Owen selects them and approves all five with one signature and a reason code. The review coordinator routes each section to its owner, who has two business days, reminds at 24 hours and escalates to Owen at 48.
“A fix to an approved section reopens it.”
214 checklist items against Regulation S-X, S-K and the ASC: 207 met, each with a citation, 5 not applicable with reasons, 2 open. In August 2025 the company told the SEC it would quantify each material factor in a change in segment revenue; the Services paragraph does not. The agent drafts the sentence from the flux commentary — volume $27.4 million, pricing $21.4 million, currency $5.8 million — for a person to approve.
The checklist agent never marks an item met without a citation, and never answers the SEC.
Margaret sees the gates the review coordinator keeps current: every number tied, the same fact everywhere, every section approved, the checklist and SEC commitments, sub-certifications, the auditor's interim review and XBRL validation. “Approve the filing” stays disabled until all seven are met, and each gate opens the screen where it is cleared. When they are, she signs with reason F1 — before the disclosure committee and the CEO and CFO certifications.
“Margaret Lindqvist approves when all seven gates are met.”
The same Q3 10-Q, seen by five of the people who carry it — what the quarter looked like, and what it looks like now.
Seven agents roll forward, draft, trace every number and check each other; the SEC reporting manager approves and the CAO signs off.
Creates the new draft from the last filing: periods, dates, column heads and comparatives moved forward, every number re-placed from the new ledger, stale wording flagged. In the sample quarter: 312 period and date changes and 41 stale phrases, 3 held for a person.
Updates the notes and MD&A from the close package and the flux commentary, rewriting only sentences whose facts changed, and marks every changed sentence with its source.
Traces every number to the ledger, the consolidation or a named schedule — nightly and on every posted journal — marks it tied, tied with a rounding note or untied, and names the cause.
Finds every table cell, sentence and XBRL fact that states a fact, recomputes totals, growth rates and ratios, checks the drafting agent independently and proposes one change set per cause.
Keeps the Regulation S-X, S-K and ASC checklist and the company's commitments from past SEC comment letters, cites where each item is met and drafts missing wording from the sources.
Proposes tags as the draft is written, reusing last quarter's, checks calculations, duplicate facts and dimensions, and prepares the hand-off to the filing agent.
Routes sections to their owners, chases on the service level, collects sub-certifications, keeps the seven filing gates current and drafts answers to the auditor's requests with files.
Approve every change set and section; the CAO approves the filing when all seven gates are met. The agents propose; a named person decides.
Ask in plain words, from any screen — or tell the agents what to do. Every answer cites its source and opens the screen to act on.
Why does Note 3 not tie to the ledger?
A $318,400 reclass of the Halden Freight Systems maintenance contract, JE-Q3-1187, was entered on 6 Oct and posted on 13 Oct, after the draft was written from close package v1. Services Americas is 412.9, not 412.6. The change set that fixes all ten numbers is open.
Why does the Services growth rate change?
Services in the Americas was $388.4M in Q3 2025. With the reclass it is $412.9M, so growth is 6.3%, not 6.2%. The sentence is not linked to a table, so the consistency agent recomputed it from both figures.
Did we keep our promises to the SEC?
Two of three. Net income comes before adjusted EBITDA (C1) and remaining performance obligations are by segment (C3). C2 — quantify each driver of segment revenue — is not met in the Services paragraph; the wording is drafted from the flux commentary.
Show me what changed in the liquidity section
One edit on 13 Oct (version 0.4) changed capital expenditures from $468.3M to $486.3M; the cash-flow statement says $468.3M. The redline between versions 0.3 and 0.4 is open.
13 screens from the working solution, on its sample data. Pick one to see it large.
Tolerances, sign-off rules and service levels are settings. A change is a new version of the reporting policy, logged and approved by the CAO.
| Setting | Default | Choose from |
|---|---|---|
| Rounding tolerance | $0.1M per presented figure | Any amount up to $1.0M; anything else is untied |
| Copy the CAO on change sets | Above $1.0M or 0.1 pt | An amount or a ratio change |
| Sources a number may tie to | Ledger · consolidation · approved schedules | Set in the reporting policy; never an unapproved schedule |
| Re-tie | Every night 06:00 and on every posted journal | Set in the reporting policy |
| Estimate changes | Approved by their owner (tax → technical accounting) | On · Off |
| Fix to an approved section | Reopens the approval and tells the owner | On · Off |
| Filer status | Large accelerated · 40 / 60 days | Large accelerated · 40 / 60 days · Accelerated · 40 / 75 days · Other · 45 / 90 days |
| Section review | Owner signs within 2 business days | Reminder at 24 hours · escalation to the SEC reporting manager at 48 hours |
Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.
“demo” = seen in the working solution, on its sample data · “target” = the design goal, measured in the live solution · “estimated” = our estimate · “typical” = published figures (Audit Analytics via Accounting Today — 391 restatements in 2025; Form 10-Q General Instruction A — 40 days after quarter-end for large accelerated and accelerated filers). Regulation S-K Items 303 and 408, SOX 302 and 906 and SEC Inline XBRL are named as context. The Q2 baseline is the sample company's. People, companies, contracts and figures named on this page are fictional — characters and sample data in the working solution.
Disclosure management software is where an SEC reporting team drafts, reviews and approves the 10-Q, 10-K and annual-report disclosures. Disclosure Management adds seven agents that roll the last filing forward, draft the narrative with sources, tie every number to the ledger, fix a late entry everywhere it lands and check the filing against the company's SEC commitments — for the SEC reporting manager to approve and the CAO to sign off.
The tie-out agent traces every number to the ledger, the consolidation or an approved schedule every night and on every posted journal. Each number is underlined green, amber for a rounding note within tolerance, or red, and clicking it opens its trail down to the journal or schedule behind it.
The tie-out agent names the journal as the cause and the consistency agent finds every place the fact appears — tables, notes, MD&A sentences and XBRL facts — and recomputes derived figures such as growth rates. It proposes one change set, and nothing in the draft changes until a person approves it.
Yes. The checklist agent reads the company's comment letters and responses and checks each filing for what was promised, beside the Regulation S-X, S-K and ASC checklist. An unmet commitment arrives with drafted wording and its sources for a person to approve.
No. Agents never edit a number without an approved change set, never create a custom XBRL element without approval, never file, never answer the SEC and never send anything to the auditor unapproved.
Yes. The SEC reporting manager approves each change set and section, estimate changes go to their owner, and the CAO approves the filing only when all seven gates are met — each with a reason code and an e-signature on the audit trail.
Yes, read-only. The auditor reads every number's trail, every version and the audit trail, raises requests and confirms the interim review; answers the agents draft reach the auditor only after a person approves them.
The Agentic Solution Engine builds and deploys it from your requirements and documents — your last filing, ledger and consolidation, reporting policy and comment-letter file — and it goes live once every quality gate has passed. We will walk you through it on your own last 10-Q first.
Every balance tied to its support, and every difference explained before anyone signs.
1-min demoFlux AnalysisEvery variance explained to within 5%, with cited drivers, before the board sees it.
1-min demoAccrual AutomationEvery accrual proposed with its proof by day one, checked so no cost is counted twice.
1-min demoWe'll run Disclosure Management on your last filing, your close package and your own comment-letter file.