Business Wire Offers Industry’s Only In-house, Integrated XBRL Solution to Help Companies Comply with Today’s SEC Filing Mandate
December 17th, 2008 Ilija Šuša Posted in Solutions | No CommentsThe Securities and Exchange Commission (SEC) today approved its final rule detailing the phased-in adoption of interactive data (XBRL). Companies needing to comply with today’s XBRL mandate can take advantage of Business Wire’s one-stop integrated solution, which includes the industry’s only in-house XBRL accounting team and filing desk.
Read more..SEC Mandates XBRL - Interactive Data - “A revolution of Transparency on Wall Street”
December 17th, 2008 Daniel H. Cahill Posted in News | No CommentsThe Securities and Exchange Commission (SEC) in an open meeting earlier today officially adopted a rule mandating interactive data (XBRL) filings of SEC reports for public companies, in a phased approach beginning in 2009.
Read more..XBRL mandate approved by the SEC
December 17th, 2008 Derek Abdinor Posted in News | 1 CommentIt has just been announced, at the culmination of the SEC roundtable on December 17th 2008, that the proposal for XBRL filing has been accepted (carried by 4 votes to 1) as well as for mutual fund reporting.
We are awaiting a press release, but it seems some minor changes to the May 2008 proposal will [...]
SEC To Vote on XBRL Dec. 17
December 11th, 2008 Ilija Šuša Posted in News | No CommentsThe SEC posted a Sunshine Act notice late yesterday (props to XBRL-US for circulating link to the Sunshine Act Notice) that they will hold an open commission meeting on Dec. 17 to “consider whether to adopt amendments to provide for companies’ financial statement information to be filed with the Commission in interactive data format, according [...]
Read more..SEC tightens regulations for credit rating agencies
December 5th, 2008 Ilija Šuša Posted in News | No CommentsThe Securities and Exchange Commission has announced a series of measures to increase transparency and accountability of credit rating agencies, and ensure that firms provide more meaningful ratings and greater disclosure to investors.
Under the revised guidelines, the rating agencies and applicants for rating would have to enhance disclosures. They would have to provide transition statistics [...]
XBRL: Who gets hit first and hardest?
December 1st, 2008 Ilija Šuša Posted in News | No CommentsCould you ignore the Dec. 15 deadline from the Securities & Exchange Commission to submit financials in interactive data for companies that have a market cap of $5 billion? What must IT do to make its company’s financial reporting XBRL-compliant?
Read more..XBRL US Invites Participation in Public Review of US GAAP Data Tags Release 2009
November 26th, 2008 Ilija Šuša Posted in News | No CommentsXBRL US, the nonprofit consortium for XML business reporting standards, today announced that they had completed a new draft of the XBRL US GAAP Taxonomies, and have made it available for public review. This second release of the US GAAP data tags builds on the first release completed and published on April 28, 2008 under contract with the Securities and Exchange Commission (SEC).
Read more..Is Your Company Ready for XBRL Tagging, Filing?
June 14th, 2008 Ilija Šuša Posted in News | No CommentsOther than acknowledging that the Securities and Exchange Commission has proposed a mandatory XBRL filing rule for reporting companies, and then outlining the compliance deadlines for that rule, the tech press hasn’t said much about what that rule will require. So when a client alert on the proprosed rule from [...]
Read more..IFRS Plans May Be Delayed by White House
May 19th, 2008 Ilija Šuša Posted in News | No CommentsA White House memo directing agencies to finalize their rules before the fall election could have an impact on plans for the use of Extensible Business Reporting Language and International Financial Reporting Standards in filings with the Securities and Exchange Commission.
Read more..XBRL mandate in US
May 18th, 2008 Ilija Šuša Posted in News | No CommentsA few days after the US regulator announced new regulation mandating the filing of reports to the Securities and Exchange Commission in XBRL we will make an short overview of articles posted all over the web about this topic.
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