How to simplify the management of Consolidation, Financial reporting covering the new XBRL format.

The Securities and Exchange Commission will conduct a public seminar on June 10, 2009, to help companies and preparers comply with new rules that require financial reports to be filed using interactive data (XBRL).

Attendees of this hands-on seminar will work with their own financial statements and notes to learn how to tag data for creating interactive filings for submission to the SEC.

Please join us at Morrison & Foerster for a seminar on XBRL. We will discuss what the SEC’s new approach to interactive data entails, how it has the potential to change the practices of companies, underwriters, auditors and investors, and the steps that companies and others need to take now to be ready for the rapid implementation of these rule changes.

For the the first SLA-NY Business & Finance program for 2009, Co-chairs Vicky Hall and Rita Ormsby have organized an informative session regarding XBRL its upcoming use in financial reporting.