Summary
On August 13, 2002, D.R. Horton, Inc. filed its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2002. This filing also includes the required certifications under Section 906 of the Sarbanes-Oxley Act of 2002 from the CEO and CFO, affirming the accuracy and completeness of the financial statements. Additionally, in compliance with SEC Order 4-460, the principal executive and financial officers submitted sworn written statements. The company has disseminated this information through a news release, which is also attached to the filing. This action reflects the company's adherence to new regulatory requirements following recent accounting and financial reporting scrutiny.
Key Highlights
- 1D.R. Horton filed its Form 10-Q for the quarter ending June 30, 2002.
- 2The company's CEO and CFO provided certifications under Section 906 of the Sarbanes-Oxley Act.
- 3These certifications attest to the accuracy and completeness of the Form 10-Q financial information.
- 4Principal executive and financial officers also submitted sworn statements as per SEC Order 4-460.
- 5A news release was issued to announce the completion of these required certifications and statements.
- 6The filing demonstrates the company's compliance with new regulatory disclosure requirements.
Frequently Asked Questions
The primary purpose of this 8-K filing is to report D.R. Horton's compliance with new regulatory requirements, specifically the Sarbanes-Oxley Act of 2002 and SEC Order 4-460. It includes the certifications of the CEO and CFO regarding the accuracy of the recently filed Form 10-Q and sworn statements from executive officers.
The Sarbanes-Oxley Act certifications, required under Section 906, are sworn statements by the Chief Executive Officer and Chief Financial Officer of a company confirming that the financial reports (in this case, the Form 10-Q) do not contain any untrue statements of material fact and fairly present the company's financial condition and results of operations.
SEC Order 4-460 likely refers to a directive from the Securities and Exchange Commission requiring specific executive officers to provide written statements under oath regarding the accuracy of their company's financial reporting, particularly in the context of increased scrutiny on financial disclosures.
These documents are being filed in direct response to the newly enacted Sarbanes-Oxley Act of 2002 and SEC Order 4-460, both of which mandate enhanced accountability and transparency in corporate financial reporting by requiring executive certifications and sworn statements.