Comments on: Waiting for an SEC Mandate on XBRL http://hitachidatainteractive.com/2008/11/30/waiting-for-an-sec-mandate-on-xbrl/ XBRL News and Commentary from the Hitachi XBRL Business Unit Wed, 18 Jan 2012 04:45:40 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Chris Dreyer http://hitachidatainteractive.com/2008/11/30/waiting-for-an-sec-mandate-on-xbrl/comment-page-1/#comment-18524 Chris Dreyer Sat, 06 Dec 2008 00:30:51 +0000 http://hitachidatainteractive.com/?p=289#comment-18524 Wednesday? http://blog.tertium.biz/2008/12/xbrl-final-rule-imminent.html Wednesday?
http://blog.tertium.biz/2008/12/xbrl-final-rule-imminent.html

]]> By: Miles P. Jennings, Jr. http://hitachidatainteractive.com/2008/11/30/waiting-for-an-sec-mandate-on-xbrl/comment-page-1/#comment-18494 Miles P. Jennings, Jr. Thu, 04 Dec 2008 20:56:28 +0000 http://hitachidatainteractive.com/?p=289#comment-18494 Perhaps you might add the SEC's new requirement for credit reporting agencies as a sign of their commitment to interactive reporting. See also: http://xbrlnetwork.ning.com/forum/topics/credit-rating-agencies Perhaps you might add the SEC's new requirement for credit reporting agencies as a sign of their commitment to interactive reporting. See also:
http://xbrlnetwork.ning.com/forum/topics/credit-rating-agencies

]]> By: Neal Hannon http://hitachidatainteractive.com/2008/11/30/waiting-for-an-sec-mandate-on-xbrl/comment-page-1/#comment-18396 Neal Hannon Mon, 01 Dec 2008 16:18:57 +0000 http://hitachidatainteractive.com/?p=289#comment-18396 The question is still one of when, not if. The money currently being spent on the upgrade of EDGAR to IDEA is real as are the new hires at the SEC to help staff understand and retrieve data in XBRL format. Markets are moving very fast, as witnessed by the recent gyrations on Wall Street. FDIC would be dead in the water to understand what is happening in the banking system without the stack of XBRL data they have already accumulated and are using today. The SEC needs to be able to act very quickly on reporting issues. XBRL gives them a much better chance to do their jobs efficently and effectively. Bring on the mandate! The question is still one of when, not if. The money currently being spent on the upgrade of EDGAR to IDEA is real as are the new hires at the SEC to help staff understand and retrieve data in XBRL format. Markets are moving very fast, as witnessed by the recent gyrations on Wall Street.

FDIC would be dead in the water to understand what is happening in the banking system without the stack of XBRL data they have already accumulated and are using today. The SEC needs to be able to act very quickly on reporting issues. XBRL gives them a much better chance to do their jobs efficently and effectively. Bring on the mandate!

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