Rivet in the News
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September 25, 2007
Another Step Forward for XBRL Adoption
Extensible Business Reporting Language, the much-touted and little-used
computer language the Securities and Exchange Commission hopes will revolutionize
financial filings, takes another big step forward this week with the debut of its
latest incarnation.
July 2007
Creating XBRL Instance Documents in Dragon Tag Covered in The
CPA Journal
If it isn't part of an accountant's vocabulary yet, XBRL (extensible
business reporting language) is sure to be soon. The FDIC requires banks to
file their quarterly call reports using XBRL-compliant documents. The SEC
encourages registrants to report their financial information using XBRL and
is updating its EDGAR system to handle XBRL filings and to support
"interactive" data access and analysis.
February 6, 2007
Rivet Featured in Ignites.com Article
A proposed SEC rule could help create further fee pressure on the fund
industry.
The rule, which was proposed by the SEC last week, will allow fund firms to
add eXtensible Business Reporting Language data tags to information on fund
fees and other expenses in N-1A forms, or prospectuses.
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