SEC requires companies to use XBRL.

Mondaq Business BriefingNbr. 2009, January 2009

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U.S. Securities and Exchange Commission, eXtensible Business Reporting Language

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SEC requires companies to use XBRL.

On January 30, 2009, the U.S. Securities and Exchange Commission adopted rules requiring companies to provide their financial statements to the SEC and on their websites in an interactive data format using eXtensible Business Reporting Language (XBRL).

The new rules apply to public companies and foreign private issuers that prepare their financial statements i...

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