Companies coming under the Securities and Exchange Commission’s rule to submit financial statements tagged using XBRL technology got another round of advice from SEC officials recently to help them with that endeavor.
As some 1,200 accelerated filers prepare to submit and post financials tagged in eXtensible Business Reporting Language, or XBRL, for the first time later this summer, SEC officials held a public education seminar March 23 to answer common questions and detail best practices.
Those 1,200 issuers will join the 500 or so large accelerated filers (those with $5 billion or more in public float) that started complying with the ...