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SEC’s Cox to provide guidelines for adoption of XBRL

At 14 May 2008 02:17:07 in RDR-Regulation and Compliance, Reference Data Review    Print Article  Email Article   Full content requires subscription 

Christopher Cox, the Securities and Exchange Commission (SEC) chairman, is expected to release recommendations this week about how US companies can adopt extensible business reporting language (XBRL) for their financial reporting. This follows the SEC Advisory Committee on Improvements to Financial Reporting’s report, released in February, which recommended that companies should use XBRL to tag their financial data.



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