According to a survey from Compliance Week, most publicly held companies are barely aware of XBRL, the financial reporting technology the SEC is set to impose on corporate America later this fall. As a result, chances are you're not even remotely ready.
Don't worry. If you're a smaller reporting company, you've probably got some time. The SEC is not anticipated to mandate XBRL for most smaller reporting companies until 2011. Yet many companies are getting a head start in implementing XBRL, and SEC Connect is there to help.
If you'd like to participate in the SEC's voluntary filer program, learn more about XBRL, or begin the process of compliance, contact our Professional Services Group.
Don't worry. If you're a smaller reporting company, you've probably got some time. The SEC is not anticipated to mandate XBRL for most smaller reporting companies until 2011. Yet many companies are getting a head start in implementing XBRL, and SEC Connect is there to help.
If you'd like to participate in the SEC's voluntary filer program, learn more about XBRL, or begin the process of compliance, contact our Professional Services Group.
