Companies Gear Up For XBRL Reporting

NewRiver Joins XBRL US Consortium


By John Morgan

August 11, 2008

The Securities and Exchange Commission could mandate the use of eXtensible Business Reporting Language (XBRL) in mutual fund risk return summaries by as early as the first quarter of next year, according to industry experts, putting many fund companies on the data-tagging fast track. XBRL US, the U.S. version of the international consortium, has joined forces with Andover, Mass.-based mutual fund data provider NewRiver to make sure public companies, mutual funds and credit rating agencies are ready in time.

The full article is available to Money Management Executive subscribers only

SUBSCRIBE NOW!
$1,400 for 1 Year(48 issues in all) and Save 10%
Free Trial
Sign up for Money Management Executive's 3-Week Free Trial

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.