Explain why the SEC requires that filers use XBRL.
Question:
Explain why the SEC requires that filers use XBRL.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
In March 2012 the SEC adopted the US GAAP Financial Reporting Taxonomy which is based on XBRL Public ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Information Technology for Management Digital Strategies for Insight Action and Sustainable Performa
ISBN: 978-1118994290
10th edition
Authors: Efraim Turban, Carol Pollard, Gregory Wood
Question Posted:
Students also viewed these Business questions
-
Explain why the SEC ruled that BDO Seidmans independence was jeopardized by the lawsuits that named the accounting firm, Leslie Fay, and top executives of Leslie Fay as codefendants.
-
The Securities and Exchange Commission (SEC) requires specific disclosures about executive compensation for public companies. The following Web pages contain information about SEC executive...
-
Exhibit 5-5 presents the reconciliation disclosures made by the Swiss company Novartis.As discussed in the chapter, the U.S. SEC requires foreign listed firms to present reconciliation information...
-
Under which of the following circumstances would an auditor be most likely to intensify an challenging examination of a $500 imprest petty cash fund a. Reimbursement occurs twice each week. b. The...
-
Baggage on the floor of the baggage car of a high-speed train is not prevented from moving other than by friction. The train is travelling down a 5 percent grade when it decreases its speed at a...
-
The UK government issues a 5-year bond which makes annual coupon payments of 5 per cent and offers a yield of 3 per cent annually compounded. Suppose that one year later the bond still yields 3 per...
-
What is the difference between a generalized Wiener process and a Wiener process?
-
You are given the following data based on 10 pairs of observations on Y and X. yi = 1110 Xi = 1680 XiYi = 204,200 X2i = 315,400 Y2i = 133,300 Assuming all the assumptions of CLRM are fulfilled,...
-
Assume Theo Chocolate, a company that sells chocolate bars, has the following sales budget for quarter 1: January February March Sales Budget 12,500 16,000 21,000 Assume Theo Chocolate wants to have...
-
Black Media Inc. owns and operates a large number of newspapers across Canada. On 1 October 20X5, the board of directors voted unanimously to dispose of one of those newspapers, The Daily Con. Black...
-
Push-through ads use data about the person to determine whether the ad should appear. What marketing opportunities does this capability create?
-
What are the three categories of inventory costs?
-
Explain the difference between the terms interest rate and discount rate used in the economic analysis for determining a profitability of investment in a capital project.
-
What are the beta and alpha coefficients using both the standard index and the best-fit index? How do these compare to the funds parameters?
-
You are a systems designer working in the IT division of a large manufacturing corporation with plants throughout the country. The CIO mentions to you in passing that the vice president of marketing...
-
In the preceding scenario, what common tool could you use if your organization doesnt use CASE tools or dedicated report-writing tools for screen layout and prototyping? For an executivelevel report,...
-
Identify whether each of the following elements represents an invisible import, a visible import, an invisible export or a visible export on the UK current account. 1. UK computer manufacturers buy...
-
During 2009, John Johnson purchased 50 shares of common stock in Corporation DEF for $4,500. In 2015, DEE declared a stock dividend of 20 percent. The new stock received by John in the stock dividend...
-
Do both the embryo and the endosperm have the same number of chromosomes? Explain.
-
A heat engine has a heat input of 3 Ã 104 Btu/h and a thermal efficiency of 40 percent. Calculate the power it will produce, in hp. Source 3 x 10 Btu/h 40% HE Sink
-
Katie and Alan are avid boaters and water skiers. They also enjoy parasailing. This year, they started a new parasailing venture to give rides to patrons. Katie and Alan are both employed full-time...
-
Roberta is an accountant employed by a local firm. During the year, Roberta incurs the following unreimbursed expenses: Item Amount Travel to client locations $750 Subscriptions to professional...
-
Figure 1.1 outlines the operations, finance/accounting, and marketing functions of three organizations. Prepare a chart similar to Figure 1.1 outlining the same functions for one of the following: a....
-
The management of Quest Media Inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows: Year Radio Station TV Station 1 $420,000 $880,000 2...
-
Doggie Pawz produces two models of dog beds: rectangle and circle. The following information about the costs to produce the companys products has been provided. Category Estimated Cost Cost Driver...
-
Use the method of averages to find the approximate yield rate for the bond shown in the table below. The bond is to be redeemed at par. Face Value $24,000 Bond Rate Payable Semi-annually Time Before:...
Study smarter with the SolutionInn App