More companies join US SEC programme to test use of XBRL

More companies join US SEC programme to test use of XBRL

June 20, 2006

The US Securities and Exchange Commission said another four companies had joined its programme to test the use of XBRL for financial reporting, bringing the total participating to 24. The programme will enable the companies to determine the benefits of using XBRL, provide feedback to the Commission and enable investors and analysts to assess new techniques for analyzing XBRL data.