Two of my favorite guys – Dan Roberts, CEO of raas-XBRL, and Broc Romanek, Editor of The Corporate Counsel – talk about XBRL and year three of the SEC’s mandatory phase-in.
Another in a continuing series on XBRL, an open standard for exchanging business information between systems.
In 2011, the vast majority of public companies – those with market caps under $75 million – are required to file their 10-K and 10-Q with the SEC in XBRL for the first time. Is this another mandate translating into more business for the Big 4 or an opportunity for other audit firms to specialize and capitalize? A guest post from Daniel Roberts.
Go here for a text of Commissioner Cox’s speech to the US Chamber of Commerce on April 18th in Washington DC.