Companies meet deadline to file financial data in new format

In January 2009, SEC finalized a rule requiring public companies to use extensible business reporting language, or XBRL, to submit financial information to the agency’s public financial reporting Web site, EDGAR.

During first phase of the three-year process included more than 425 public companies with a worldwide public common equity float in excess of $5 billion.

By 2011, between 10,000 and 12,000 companies are expected to submit statements in XBRL.


4 Responses to Companies meet deadline to file financial data in new format

  1. HQUOE says:

    Beware of the scam HQUOTE PRO, HQuote Pro (The Downloader), financial data software, is Shareware, which stops working after you have paid and they dont answer email requests for support after this. It appears that Yahoo has blocked the program after a certain number of downloads, as a result HQUOTE, may be fraudlent scam internet software.

    Unless they fix the problems and reply to subscriber complaints, Beware of being scammed by HQUOTES.COM.

  2. Marc Shaw says:

    Hey, I read a lot of blogs on a daily basis and for the most part, people lack substance but, I just wanted to make a quick comment to say GREAT blog!…..I”ll be checking in on a regularly now….Keep up the good work! 🙂

    – Marc Shaw

  3. Hey, I found your blog while searching on Google. I have a blog on online stock trading, I’ll bookmark your site.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: