Earlier today, the SEC posted six new items (Q. 36-41) to its Staff Interpretations and FAQs Related to Interactive Disclosure (XBRL). The posting of the new FAQs today comes in advance of the SEC's March 23 public seminar on XBRL, announced recently by the SEC.
The March 23 seminar will take place at SEC's Washington, DC headquarters, is aimed at helping companies and preparers comply with rules that require financial reports to be filed using eXtensible Business Reporting Language (XBRL).
Additionally, as noted in the SEC's press release about the March 23 XBRL seminar, “The seminar will help answer frequently asked questions about the rules and technology requirements. SEC staff will present information to help corporate filers understand how to comply with the rules." Companies are encouraged to email questions to the SEC’s Office of Interactive Disclosure (OID) in advance of the program. Details on how to send questions to OID, and additional details on the March 23 program, can be found in thes SEC's press release. The event will also be webcast on www.sec.gov .
Read about what's happening on the international front with XBRL, here.
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