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SEC proposes rule to make XBRL mandatory
THE US Securities and Exchange Commission (SEC) is proposing a rule for all companies to file their annual and quarterly reports in eXtensible Business Reporting Language (XBRL) on a staged basis over the next three years.
Under the proposal, the 500 largest companies — including foreign firms that use US GAAP — will begin filing XBRL [...]
Thomson Financial's timeliness troubles
By Dominic Jones
TIMELINESS is vital for investor relations websites to remain relevant to investors. A site that contains out-of-date information will quickly lose users to other sources of information.
And that’s what may be happening to corporate investor relations websites hosted by Thomson Financial and other large vendors. As I wrote recently, according to the Alexa [...]
SEC launches XBRL viewer
By Dominic Jones
THE US Securities and Exchange Commission (SEC) has launched a new Web-based tool that allows investors to view XBRL documents filed with the commission.
Called the Interactive Financial Report Viewer, the online application converts raw XBRL filings into something humans can read. And while that’s all it does — it does so quite well.
SEC [...]
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