SEC Passes Inline XBRL

By | 07/20/2018 | 7:52 pm ET

In a 4-1 vote on June 28, 2018, the Securities and Exchange Commission (SEC) voted to adopt several amendments to the existing XBRL reporting requirements. Instead of the existing requirements which mandate that companies submit XBRL exhibits along with their HTML filings for quarterly and annual financial statements, companies can now submit Inline XBRL filings. Instead of a dual filing system with both human and machine-readable filings, companies are now…

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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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