A taxonomy consists of one or more schemas and some linkbases. Should we, for example, provide a more delayed compliance date for mutual funds that are small entities for purposes of the Regulatory Flexibility Act, i. To set up XBRL lines After you import or update the taxonomy, the lines of the schemas must be supplied with all the information that is required.
The lines correspond to the individual financial facts required by the sender. As such disclosure becomes more widely available, advances in interactive data software, online viewers, search engines, and other Web tools may in turn facilitate access and usability of the data.
You can contact the Division and Offices for this purpose as follows: Should we delay the first required interactive data submissions until, for example, or later.
The data are machine-readable and can be searched, downloaded into spreadsheets, and reorganized for analytical purposes. Similarly, these companies will not be deemed to have available adequate current public information for purposes of the resale exemption safe harbor provided by Rule For funds, the amendments also will facilitate efficiencies in the filing process by permitting the concurrent submission of XBRL data files with certain post-effective amendment filings.
Time taken by personnel to review the prepared interactive data files. If so, should all of the information required in the summary prospectus be tagged. Should the time period be shorter or longer, e.
Would this information be useful in interactive data format. Installation, deployment, upgrade and migration services.
Increase Productivity around Financial Reporting. The volunteer must have made a good faith and reasonable attempt to reflect the same information as appears in the traditional format filing and, as soon as reasonably practicable after becoming aware of any difference, the volunteer must amend the interactive data to cause them to reflect the same information.
Select a line and fill in the fields. Along with multifaceted services provision, our comprehensive business encompasses the development, manufacture, sales and maintenance of the cutting-edge, high-quality products and electronic devices that make these services possible.
In addition to the free viewer provided on the SEC Web site, are there likely to be other such products available at low or no cost. Should we require interactive data format information for any additional information contained in the proposed summary section of the prospectus.
Web Site Posting of Interactive Data We believe interactive data, consistent with our proposed rules, should be easily accessible for all investors and other market participants.
Then select the lines with the linkbases that you want to apply. Would it be helpful if our Web site provided the option to download the interactive data submission from our Web site or the mutual fund's Web site.
Rule b under the Securities Act provides for immediate effectiveness of amendments to registration statements that make certain non-material and other changes.
While interactive data reporting involves changes in reporting procedures mostly in the initial reporting periods, we expect that these changes would provide efficiencies in future periods.
However, we recognize that at the outset, mutual funds would most likely prepare their interactive data as an additional step after their prospectuses have been prepared.
In recent years, there has been a growing development of software products for users of interactive data, as well as of applications to assist companies, including mutual funds, to tag their disclosures using interactive data. It runs in a multi-user, server environment, and facilitates the access to the server by multiple XBRL client applications.
Inthe SEC began requiring operating companies, mutual funds and credit rating agencies to do the same. Would a large percentage of mutual funds provide interactive data voluntarily, and following the same standard, if not required to do so. To add notes to the financial statement, choose the Notes action.
We also said that volunteers would be required to continue to file their traditional electronic filings.
In addition, we propose to no longer require or permit the cautionary disclosure that is used in the voluntary program for required interactive data, which states that investors should not rely on the interactive data information in making investment decisions.
While the amendments modify existing XBRL requirements, they do not change the categories of filers or scope of disclosures subject to XBRL requirements.
eXtensible Business Reporting Language is an open, platform-independent, international standard for the timely, accurate, efficient, and cost-effective electronic storage, manipulation, repurposing, and communication of financial and business reporting.
XBRL, short for eXtensible Business Reporting Language, enables the standardization of data for key stakeholders and investors. The quality of your data is critical, as is selecting the right service provider.
3 eXtensible Business Reporting Language (XBRL) –The Digital Language of Business: An Indian Perspective 1.
INTRODUCTION Growth of Internet or Web1 technology has radically transformed the global business scene. According to John Chambers, President and CEO, Cisco Systems, this. Extensible Business Reporting Language (XBRL) is an XML-based markup language for electronic transmission of business and financial izu-onsen-shoheiso.com a new mandate from the United States Securities and Exchange Commission (SEC), and official sup.
The Office of Structured Disclosure (OSD), within the Division of Economic and Risk Analysis, supports the SEC's efforts to make data accessible and easy to izu-onsen-shoheiso.com works closely with other SEC Divisions and Offices to design data structuring approaches for required disclosures, and supports the SEC’s data collections and data usage by.
eXtensible Business Reporting Language XBRL is a standard language for electronic communication of business information. It is an advanced version of eXtensible Markup Language (XML) that is widely prevalent for E-Filing of Income Tax Returns in India.Extensible business reporting language viewership