Tuesday, August 12, 2008

CFOs Anticipate a Filing Crunch - Technology - CFO.com

The SEC got some pushback in their recent comment period on their new rules for filing XBRL documents. The biggest criticism has been the timetable, which has been labelled as aggressive, and not the worth or usefulness of XBRL tagged financials. As the companies struggle to find ways to adopt the technology, one thing is increasingly clear - it would be great if the financial software vendors got moving and integrated XBRL technology into their products. CFOs Anticipate a Filing Crunch - Technology - CFO.com

1 Comments:

At 3:37 pm, Anonymous Anonymous said...

I disagree that the comments were all related to the phase-in schedule. The comment letter from Intel was one of the most thought out replies, both favourable and unfavourable. There were specific concerns about the deep tagging of the notes and overstatement of benefits.

 

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