- Why Wdesk
June 2, 2011
In 2009, the 500 largest U.S. public companies filed their financial statements in XBRL for the first time. A year later, all companies with a public float of more than $700 million were added to the XBRL reporting mix. This summer, the third and final XBRL rollout phase will impact between 7,000 and 8,000 public companies with a public float of less than $75 million. With Phase 3 companies gearing up to file their SEC reports in XBRL for the first time, WebFilings has released, “XBRL: There's No Substitute for Experience,” a new white paper specifically offering guidance to companies filing Year 1 and Year 2 XBRL. In this XBRL white paper, Dean Ritz, Director of XBRL Solutions at WebFilings, shares the keys to getting Year 1 XBRL right, as well as insights for companies gearing up for Year 2 XBRL. Download the complementary "XBRL: There's No Substitute for Experience" white paper or access other white papers and business briefs brought to you by WebFilings.