Digital Financial Reporting

XBRL-based structured digital financial reporting

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Digital Financial Reporting Using XBRL

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This web site provides information on how to use XBRL to help business professionals exchange business information. Business information incluldes both financial and nonfinancial information. Everything on this site made available to all under a Creative Commons License, Public Domain Dedication. Everything may be reused however one sees fit without attribution. We do ask that you give credit where credit is due. If you have any questions, comments, concerns, suggestions, ideas or other feedback, please contact charles.hoffman@me.com.

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SEC Proposes Roadmap Toward IFRS

The SEC issued a press release indicating that they will issue a proposed roadmap for the SEC to adopt IFRS. The press release can be found here. A Wall Street Journal article about the announcement can be found here.

Under the roadmap, in 2010 about 110 large companies would begin reporting using IFRS. All other companies would use IFRS by 2014. The proposed roadmap will be open for public comment for 60 days.

Posted on Thursday, August 28, 2008 at 06:57AM by

Charlie in IFRS |

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