4 Important Facts Concerning iXBRL

By | 06/13/2017 | 7:15 pm ET

After much speculation, the Securities and Exchange Commission (SEC) has released the long-awaited proposal requiring public companies based in the United States to utilize Inline XBRL (iXBRL) when submitting their financial statements and other public documents. So what do you need to know about this proposal? 1. How iXBRL works:  Inline XBRL is an updated version of the XBRL reporting format. This new format embeds HTML tags into different financial…

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