XBRL outreach underway as SEC considers implementation proposal
If a proposal being considered by the Securities and Exchange Commission (SEC) is approved, the 500 largest public companies would be using XBRL for their filings by spring 2009; all other filers would be using the financial tagging system by 2011.
Compliance Week, an online newsletter focusing on corporate governance, risk, and compliance, published the results of its research last week, finding that 55% of the 236 compliance and financial reporting executives surveyed have done little or no research ...