XBRL Canada is a non-profit consortium formed to foster and encourage the use of XBRL in Canada. XBRL is an internationally recognized standard for electronic business and financial reporting.
The SEC Press Release regarding its approval of the mandatory filing of XBRL data is on the SEC website at the following link: Press Release: SEC Approves Interactive Data for Financial Reporting by Public Companies, Mutual Funds; 2008-300; Dec. 18, 2008
posted by Gerald Trites @ 4:10 pm
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In this excellent post to his blog, Dominic Jones discusses the new SEC rule and its implications. SEC mandates XBRL for financial statements IR Web Report
posted by Gerald Trites @ 7:27 am
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As this linked announcement indicates, the SEC is having a meeting tomorrow the 17th to discuss the proposed rule on filing in XBRL. Stay tuned. SEC News Digest (Issue 2008-239; December 11, 2008)
posted by Gerald Trites @ 7:29 am
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At the recent 16th World Continuous Auditing Symposium held at Rutgers University, there was a presentation on Assurance on XBRL Instance Documents. The presentation is available at the following link. Assurance on XBRL Instance Document: A Conceptual Framework of As - Google Docs
posted by Gerald Trites @ 8:03 am
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In this article in CA Magazine, the Executive Director of the Financial Executives Research Foundation raises questions about the pending adoption of XBRL by regulators, and particularly the potential audit implications. Do you speak XBRL?
posted by Gerald Trites @ 7:14 pm
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