SEC proposes rule to make XBRL mandatory
THE US Securities and Exchange Commission (SEC) is proposing a rule for all companies to file their annual and quarterly reports in eXtensible Business Reporting Language (XBRL) on a staged basis over the next three years. Under the proposal, the 500 largest companies — including foreign firms that use US GAAP — will begin filing [...]
Thomson Financial’s timeliness troubles
TIMELINESS is vital for investor relations websites to remain relevant to investors. A site that contains out-of-date information will quickly lose users to other sources of information. And that’s what may be happening to corporate investor relations websites hosted by Thomson Financial and other large vendors. As I wrote recently, according to the Alexa website [...]
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