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Got Issues...with the SEC's final rule for interactive reporting using XBRL.
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- Additional Information
- Subject Terms:
- Subject Terms:
- Abstract:
The article discusses responses to the U.S. Securities and Exchange Commission's (SEC'S) proposal for mandatory use of XBRL for financial reporting. During the 60-day comment period following the proposal's introduction the SEC heard from 84 interested parties, among them more than two dozen public companies and organizations such as Financial Executive International and the American Institute of Certified Public Accountants. Issues touched upon include the cost of implementing XBRL, and the technology's usefulness to investors. INSET: Basics of the Rule.
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