Finding an SEC Filing Agent for XBRL Filings

By | 03/15/2018 | 4:29 pm ET

When looking for the best SEC filing agent to handle your SEC filing needs, most filers seek a company that offers not only competitive pricing, but also professional quality services. Although competitive SEC filing fees should be expected, professional quality output, reliability, accuracy, and good customer service should be more important for you and your company.  Here at Colonial Filings, we offer a variety of financial printing services that are…

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Benefits of XBRL Reporting to the SEC

By | 10/18/2017 | 9:49 pm ET

XBRL is an electronic language for financial reporting that is freely licensable, and based on XML framework. It acts as the standard in the financial circles for preparing, publishing in various formats, extracting and automatically exchanging financial statements of publicly-held companies and the information contained in them. XBRL filing requirements enhance the usability of the current accounting standards through digitizing business languages without creating new accounting standards and do not…

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Colonial Filings Releases Investor Website Hosting Services

By | 08/15/2017 | 4:43 pm ET

Colonial Filings, Inc. is excited to announce the release of our investor website hosting services, allowing clients to take advantage of integrated SEC filing data hosting, stock charting, and news applications for their corporate investor websites. As an industry leading, financial printer and SEC filing agent, Colonial Filings prides itself on being able to provide its clients with financial printing and any related services that they may need. In that…

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SEC Observations of XBRL Segment Tags

By | 01/14/2017 | 11:16 pm ET

The staff in the SEC Division of Economic and Risk Analysis is required to assess any aspects of XBRL that could potentially affect data quality. Recently, the SEC staff specifically examined XBRL custom axis tags, also known as segment tags, submitted in annual reports associated with the Form 10-K. Axis tags are utilized in XBRL by allowing filers to differentiate between reported elements through the use of dimensions. These dimensions…

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Hiring an EDGAR Filing Agent

By | 01/13/2017 | 10:23 pm ET

The Securities and Exchange Commission mandates that a company file several forms providing basic information regarding a company before attempting to sell or offer securities.  Companies may also be required to submit quarterly and annual reports, as well as corporate updates and notification of new offerings, etc.  These "EDGAR" forms reflect how a company operates and why it is essential that every form that is filed is professional as possible. …

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Importance and Benefits of GAAP Taxonomy

By | 02/13/2016 | 10:10 pm ET

The GAAP (Generally Accepted Accounting Principles) taxonomy yearly update was recently released, and the SEC is strongly promoting the usage of this recent release. The taxonomy is essentially a combination of both financial and business reporting terms, that has been generally agreed upon. The Taxonomy combined with the required reporting creates XBRL data. The 2016 update like its predecessors is still focused on stability, however the main focus shifted to…

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Detailed Analysis of XBRL Filings

By | 06/01/2014 | 5:08 pm ET

Recently, we performed a side by side comparison and analysis of recently filed XBRL filings by our competitors. As shown in the analysis, there could be many tags that are either unnecessary or incorrect. These types of errors can hurt public companies that are earnestly trying to maintain proper data quality. Moreover, investors, analysts, auditors, and creditors may be skeptical about the quality of the rest of the filing. The oversight of incorrectly placing tags is something…

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