Friday, April 20, 2018

SEC Data Sets Use XBRL Extensively

The Financial Statement and Notes Data Sets provided by the SEC include the text and detailed numeric information from all financial statements and their notes extracted from exhibits to corporate financial reports filed with the Commission using XBRL. The data Sets provide significantly more disclosure than previous data sets. The information is presented without change from the "as filed" financial reports. The data is presented in a flattened format to help users analyze and compare corporate disclosure information over time and across registrants. The data sets also contain additional fields such as a company's Standard Industrial Classification to facilitate the data's use.

Information on the data sets can be found on the SEC website.

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