Welcome to “The Age of Transparency.”
UPDATED: 5:50 pm to add AICPA comments
The Securities and Exchange Commission has officially adopted a rule mandating XBRL filings beginning in 2009.
With this rule, the SEC is effectively mandating that all public companies, beginning with large cap filers, submit their SEC reports in Interactive Data format, specifically in XBRL. XBRL software, an evolution of XML, the code the Internet was built upon, makes it much easier to
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