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GAAP.RUNewsCompanies defy SEC on XBRL

Companies defy SEC on XBRL

One third have no plans to use new standard

Author: Pat Sweet

Publication date: 18 May 2010

Companies look set to defy the Securities and Exchange Commission (SEC) mandate to adopt Extensible Business Reporting Language (XBRL) technology for their financial filings by 2011.

Companies look set to defy the Securities and Exchange Commission (SEC) mandate to adopt Extensible Business Reporting Language (XBRL) technology for their financial filings by 2011.