by Erin McCune | Dec 17, 2007
It's not surprising that larger companies are in favor of moving more quickly to international financial reporting standards (IFRS) than smaller companies. More than 100 countries already use IFRS and the SEC is debating whether to stick with the status quo or...
by Erin McCune | Sep 26, 2007
The SEC has completed the development of data tags for GAAP, a major milestone in moving financial reporting toward interactive XBRL format. The taxonomy includes 12,000 different data elements. The SEC will now focus on developing recommendations as to when use...
by Erin McCune | Apr 20, 2007
Knowledge@Wharton weighs in on the ongoing discussions to soften the impact of Sarbanes-Oxley, particularly the onerous demands of section 404. The article summarizes arguments in favor of and against SOX and concludes as follows:For all the talk about protecting...
by Erin McCune | Apr 14, 2007
The SEC's internative data pilot is gaining traction – particularly after the Roundtable on March 19th. The new interactive platform, based on XBRL formatted filings from 36 companies participating in the pilot, is designed to replace the 20 year old Edgar...
by Erin McCune | Mar 21, 2007
CFO.com reports that a diverse group of institutional investors, government treasurers and controllers, and corporations is calling for federal legislation and SEC clarification to help address global warming. Excerpt from story at CFO.com:"Global warming...
