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November 21, 2008

Waiting for XBRL

The nation’s filers have been waiting (and waiting) for a final rule from the SEC on making XBRL mandatory. In a webcast Thursday, Business Wire’s vice president of global disclosure and financial reporting services Michael Becker posed THE question to the interactive disclosure czar himself, David Blaszkowsky.

‘I’m going to have to ask you this… when does it happen?’ said Becker.

The reply? ‘Our commitment is to bring this before the commission in the fall, recognizing we are deep in to the fall,’ said Blaszkowsky. ‘This is an important issue to the chairman and this will be reviewed. You’ll see some news shortly, I expect. No, I’m not ready to give a particular date.’

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