The SEC broke its long silence about XBRL and raised some interesting questions for filers yesterday with an XBRL report from the Division of Economic and Risk Analysis titled \u201cStaff Observations of Custom Tag Rates\u201d.<\/p>\n
The fairly brief report is available at:<\/p>\n
http:\/\/www.sec.gov\/dera\/reportspubs\/assessment-custom-tag-rates-xbrl.html#.U7wGKYm9K0d<\/a><\/p>\n Interestingly, the report notes that smaller filers use custom tags at a significantly higher rate than larger filers, and that this pattern can even be associated with which XBRL tools are used.\u00a0 The report raises some very significant questions for filers in the smaller filer category.<\/p>\n One other XBRL discussion point for this blog \u2013 have you found an XBRL user focused analysis tool yet?\u00a0 Check this one out from CalcBench, it is interesting!<\/p>\n http:\/\/www.calcbench.com<\/a><\/p>\n There are clearly many questions still to be addressed concerning XBRL.\u00a0 We would love to hear your comments!<\/p>\n","protected":false},"excerpt":{"rendered":" The SEC broke its long silence about XBRL and raised some interesting questions for filers yesterday with an XBRL report from the Division of Economic and Risk Analysis titled \u201cStaff Observations of Custom Tag Rates\u201d. The fairly brief report is available at: http:\/\/www.sec.gov\/dera\/reportspubs\/assessment-custom-tag-rates-xbrl.html#.U7wGKYm9K0d Interestingly, the report notes that smaller filers use custom tags at a … Continue reading XBRL \u2013 An SEC Report!<\/span>