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January 2011 » Why Is the U.S. XBRL Conversion...
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Jianing Fang, DPS, CPA, CITP
In the beginning of 2009, the SEC issued its final mandate for Extensible Business Reporting Language (XBRL) adoption and conversion target dates. As of today, however, the XBRL conversion process has been painfully slow for U.S. public companies. Some of the obstacles to progress are discussed below, along with three different implementation strategies and available XBRL software than can help. Most importantly, i want my fellow educators to rise to the occasion, to lead the way instead of following the crowd, and to help the SEC and filers to make the XBRL conversion a success.
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