Open Platform: XBRL Filing Success

bob-buckholz
Bob Buckholz, Command Financial

When the Securities and Exchange Commission (SEC) mandated the adoption of Extensible Business Reporting Language (XBRL)—or “interactive data”—for public company filings, many assumed it would be a simple extension of electronic data-gathering, analysis, and retrieval (Edgar), or even a replacement of Edgar altogether. With a few exceptions, the overall attitude was “wait and see,” while learning the requirements before committing resources.

With the approach of the June 15, 2011, deadline that

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