XBRL's Coming Out Party

SEC Program Allows Companies to File Financial Info Using XBRL by Glen L. Gray, CPA Like a debutante, XBRL is being introduced to society. Although former SEC Chairman Arthur Levitt first mentioned XBRL in 2000, it was not until 2004 that the SEC embraced XBRL with the release of two documents—Concept Release: Enhancing Commission Filings Through the Use of Tagged Data, and Proposed Rule: XBRL Voluntary Financial Reporting Program on the EDGAR System...