Tuesday, September 25, 2007

Press Release: SEC Chairman Cox Announces Landmark Progress in Providing Instant, User-Friendly Access to Financial Reporting Information for Investors; 2007-200; September 25, 2007

Chairman Cox of the SEC has announced that work has been completed in developing tgs for US GAAP. This has been a monumental job and will help to pave the way to adoption of XBRL in the investor space as all data in financial reports using US GAAP can now be converted into XBRL instance documents or filings. Press Release: SEC Chairman Cox Announces Landmark Progress in Providing Instant, User-Friendly Access to Financial Reporting Information for Investors; 2007-200; September 25, 2007

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