• SEC Requires Companies to Use XBRL
  • February 26, 2009 | Authors: Andrew J. Beck; Daniel P. Raglan
  • Law Firm: Torys LLP - New York Office
  • On January 30, 2009, the U.S. Securities and Exchange Commission adopted rules requiring companies to provide their financial statements to the SEC and on their websites in an interactive data format using eXtensible Business Reporting Language (XBRL).