mandate

SEC seeks to "blow up" forms-based system

By Dominic Jones on June 25, 2008

THE US Securities and Exchange commission has launched a study that could lead to the scrapping of its 75-year-old system that requires companies to file disclosures on prescribed forms like 10Ks, Form 4s and DEF 14As.

Posted in Investor Relations Blog | Tagged Bill Lutz, business, chairman arthur levitt, Chairman Chris Cox, Charles Schwab, chris cox, disclosure, e-proxy, EDGAR, ir department, ir departments, mandate, new york times, plain language, recommendation, retail investors, rutgers university, SEC filings, securities and exchange commission, stanford university, technology, us sec, XBRL | 4 Responses

XBRL group assesses SEC rule impact

By Dominic Jones on May 17, 2008

THE US Securities and Exchange Commission’s plan to make eXtensible Business Reporting Language (XBRL) mandatory starting next year will have few immediate benefits for companies and investors, the body charged with promoting the technology has said.
XBRL US says in a sobering white paper published on Friday that while companies won’t have much difficulty meeting the [...]

Posted in Investor Relations Blog | Tagged EDGAR, financial management systems, financial reporting, financial statements, footnotes, management system software providers, mandate, quarterly filings, rule proposal, SEC, securities and exchange commission, us sec, usgaap, XBRL | Leave a response