Allowing small US public companies to use “simplified” reporting standards available to private companies will make analysing and therefore investing in those firms harder…
We thought it would be helpful to identify what is going on in the United States with political proposals to restrict XBRL filing by certain public companies. To be clear, here at XBRL International we think that stepping back in time from digital reporting to a paper paradigm would be a shortsighted and significantly retrograde […]
“Keep calm and educate” is what XBRL and DTC leaders are saying in response to legislation in the US Congress that would give new life to previously derailed efforts to exempt public companies with less than USD $250M in gross revenue from reporting in XBRL.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
