XBRL: Seldom Used But More SEC FAQs

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This CFO.COM article indicates finance executive make little use of the SEC’s XBRL filings.  In fairness I would say that SEC registrants felt the same about EDGAR when it first came out, but look at its utility today.  So maybe there is hope.  The SEC has however updated its XBRL FAQs.  The new FAQs are annotated “(New 02/05/2013)”.  Most of the FAQs are technical in nature and are oriented towards those that prepare the XBRL filings.

Check dodd-frank.com frequently for updated information on the JOBS Act, the Dodd-Frank Act and other important securities law matters.

Topics:  EDGAR, SEC, XBRL Filing Requirements

Published In: Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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