Tuesday, January 29, 2008

SEC Finance Division Director, John White has confirmed in a speech what is now common knowledge - that the SEC is seriously considering making XBRL mandatory in the fall, after the introduction of a draft rule in the spring. This follows upon the recent SEC Advisory Committee report recommending a phasing in of XBRL by starting with the 500 largest companies. SEC May Propose Mandatory XBRL Use - Technology - CFO.com


Post a Comment

<< Home