What Small Public Companies Need to Know About the New XBRL (17W358-12)
Description
If you are a public company, your XBRL time has come! The market has
entered year 3 of the SEC’s three-year roll out of mandatory XBRL
submissions for all US GAAP domestic filers. This means that every
domestic filer is now responsible for providing XBRL-formatted versions
of their financial reports. Depending on your year-end, you may be
required to start sometime between August and January. When do you start
What do you have to do What’s the best way to do it In this session,
small public companies will gain the knowledge they need to plan,
prepare and make the most from the mandate.
Learning Objectives
The who, what, when, how
and why of submissions - who has to provide XBRL, what they have to
provide, when they have to provide it, how it is submitted and why it’s
worth it
How the first two groups of filers fared - the experience of
the first 1,700 companies and the SEC’s observations
How to plan and
prepare for XBRL submissions - and if you have already filed at least
once, how to cope better next time!
Major Topics
Discussions on the SEC’s rules, EDGAR Filer Manual, Interpretations
and observations
Comparisons of in-house and out-sourced options
Software and websites to help with the preparation and quality review
processes
Learning from the successes and challenges of the prior
filers