EDGAR Online Completes XBRL Conversion of All U.S. Public Co. Financial Statements

EDGAR® Online®, Inc., a financial information company specializing in making complex regulatory reporting by public companies actionable and easy-to-use, announced today that it now offers U.S. public company financial statements in a new importable format called eXtensible Business Reporting Language (XBRL).

One of the first financial services companies to make use of XBRL, EDGAR Online is also offering users for the first time and at no cost a limited number of real-time public company financial statements directly downloaded into Microsoft Excel 2003 worksheets.

EDGAR Online has been instrumental in the development of eXtensible Business Reporting Language (XBRL) through its early involvement with XBRL International. This consortium of over 200 companies and organizations such as the big four accounting firms, Morgan Stanley, Microsoft and the AICPA, represents the international business reporting supply chain. XBRL is an open specification that uses XML-based data tags to describe financial statements in both public and private companies. These tags are intended to create a royalty-free, standards-based method that revolutionizes the ways that financial information can be exchanged.

Users can access and perform financial comparisons on the following companies at no charge: AIG (NYSE: AIG), Altria Group (NYSE: MO), Amgen (NASDAQ: AMGN), Bank of America (NYSE: BAC), Cisco Systems (NASDAQ: CSCO), Citigroup (NYSE: C), Coca-Cola (NYSE: KO), Dell (NASDAQ: DELL), Exxon Mobil (NYSE: XOM), General Electric (NYSE: GE), Home Depot (NYSE: HD), IBM (NYSE: IBM), Intel (NASDAQ: INTC) J.P. Morgan Chase & Co. (NYSE: JPM), Johnson & Johnson (NYSE: JNJ), Microsoft (NASDAQ: MSFT), Merck (NYSE: MRK), PepsiCo (NYSE: PEP), Pfizer (NYSE: PFE), Procter & Gamble (NYSE: PG), SBC Communications (NYSE: SBC), Verizon Communications (NYSE: VZ), Wal-Mart Stores (NYSE: WMT) and Wells Fargo & Company (NYSE: WFC).

Users can also register for EDGAR Online Pro, a premium service that allows access to the entire universe of quarterly and annual financial data filed by U.S. public companies.

To learn more about this service or to subscribe, go to http://xbrl.edgar-online.com/x/xbrltool/ and http://www.microsoft.com/office/solutions/xbrl/. For more information about the XBRL International Consortium, go to http://www.xbrl.org. Visit EDGAR Online at the SIA Technology Management Conference, June 8-10, 2004, at the New York Hilton. For further information, contact Liv Watson, Vice President of XBRL Strategies at EDGAR Online, Inc.: (203) 852-5645 or email lwatson@edgar-online.com.

You may like these other stories...

Russia races to dodge sanctions by adapting law to FATCARussia is in a race against the clock to adapt its laws to the Foreign Account Tax Compliance Act (FATCA) and save its banks from financial sanctions, Peter Hobson of...
The following list highlights 10 apps that that may be of interest to you, your clients, or your clients' clients. They were featured during a session of AWEBLive!, the 12-hour CPE marathon, and presented by Gregory L....
I am a recent MS Accounting degree graduate and I am looking into a programming/IT related career. Anyone here have experience or know any accountants that diverted their careers into IT/Programming/System design, etc?...

Upcoming CPE Webinars

Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
May 1
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.