SEC Concept Release: ENHANCING COMMISSION FILINGS THROUGH THE USE OF TAGGED

Data tagging provides a method for searching, retrieving, and analyzing information through automated means. As part of our initiative to improve the filing, information collection and disclosure process, we are seeking to determine the impact and usefulness of tagged data generally, and more specifically the adequacy and efficacy of eXtensible Business Reporting Language (XBRL) as a format for reporting financial information. This concept release seeks comment on the use of tagged data in certain Securities Exchange Act and Investment Company Act filings.

Recommended Reading

XBRL: A Case Study In Complexity
by Jon Udell, Infoworld

According to Udell, XBRL is a noble attempt to help expose financial dealings via XML that asks too much of developers. Read more...

Metadata, Semantics and All That
by Tim Bray, tbray.org

The value proposition for XBRL is a no-brainer: cost reduction. The financial industry depends totally on consuming accurate financial information. Read more...

SEC Spotlight On XBRL

Spotlight On: Interactive Data and XBRL Initiatives

XBRL References

XBRL Consortium
XBRL FAQ document
XBRL Overview
XBRL Specifications

XBRLSpy RSS Feed

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