Key Takeaways
- SEC and XBRL professionals discuss the impact and implementation of iXBRL, including potential benefits and how to prepare for the transition
- iXBRL will enable public companies to include increased metadata in a single SEC filing to provide greater context to financials
- With iXBRL, analysts, investors, and others can easily scan through XBRL tags online to perform valuable benchmarking and competitive research
Duration
00:40:33
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This is no time to skimp on iXBRL tagging of SEC filings. The Securities and Exchange Commission’s sample letter on XBRL disclosures is a reminder for companies to make sure they’re in compliance. Here’s a checklist that should help.