SEC To Vote On XBRL Rule Dec. 17

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By Edith Orenstein, FEI Financial Reporting Blog -
The SEC posted a Sunshine Act notice on Dec. 10 (props to XBRL-US for circulating link to the Sunshine Act Notice) that they will hold an open commission meeting on Dec. 17 to “consider whether to adopt amendments to provide for companies' financial statement information to be filed with the Commission in interactive data format, according to a specified phase-in schedule.” Additionally, the commission will vote on whether to approve the PCAOB budget, and certain other matters.

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