A very straight-forward article by Emily Chasan, Senior Editor, of the WSJ’s CFO Journal regarding corporate issuers view on XBRL titled “Companies Grow Weary of XBRL.” Read article here.
Needless to say, the companies are not big fans of XBRL. We’ve commented on this before. As an industry, we’re about to cross into year four for many companies (the Fortune 500) and they still see all pain, no gain. We hear this from clients all the time.
How do we help? It’s not within our influence to have the SEC roll back the rule ~ and I would not look for that to happen. XBRL is a global movement.
What we do have is a filing solutions that will ease the burden, both fiscally and workflow. We’ve named our program fleXBRL – the point being flexible: options that match your needs. We love to send you details. Click here.
Have a great day.