SEC's Cox - XBRL conversion doesn't need an audit | News | Regulatory News | Reuters

The Chair of the SEC has announced tht the Commission will not be requiring audits on XBRL data filed with it. This is a relief to companies who otherwise would have had to pay for the extra audit work. However, in the long term, it's a safe bet that the market will decide if an audit is needed. SEC's Cox - XBRL conversion doesn't need an audit News Regulatory News Reuters