XBRL International, Inc. (XII), a global business reporting consortium that develops and maintains the XBRL reporting standard and framework, announced today that it supports the US SEC mandate for public companies submitting their financial statements in XBRL and mutual fund reporting.
XBRL US, the nonprofit consortium for XML business reporting standards, along with its members, stands ready to provide the tools, services and support needed by public company preparers to comply with the final ruling by the Securities and Exchange Commission (SEC).
EDGAR(R) Online, Inc. (NASDAQ: EDGR) and RR Donnelley (NYSE:RRD) announced their support for the SEC’s final rule made public today that will phase in requirements for SEC filing companies and mutual funds to submit financial statements in eXtensible Business Reporting Language (XBRL).