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XBRL Spotlight
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key benefits
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Comprehensive XBRL filing expertise
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Third party preparation and filing services
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Best practice advice in weighing in-house and outsourced filing services
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Comprehensive XBRL Filing Services
Are you looking for up-to-date information on the SEC's Voluntary XBRL Filing program and its potential impact on your business? Merrill can help.
As a recognized leader in the financial document and reporting industry, Merrill has the experience and the expertise you need to navigate the technical and reporting requirements of the program.
Merrill is an active participant in XBRL International, a consortium of 500 companies and agencies worldwide working together to build XBRL (eXtensible Business Reporting Language), promote and support adoption. Merrill is also active with the Consortium of Filing Agents and Software Developers, which meets regularly with the SEC to discuss new XBRL and EDGAR requirements.
Expert Consulting
Since the inception of this voluntary filing program, numerous companies have worked with Merrill to develop the best XBRL approach for their business. Our XBRL experts are readily available to provide a practical explanation of the XBRL filing program, assess resource requirements for participation, compare the benefits of both in-house and outsourced filing methods, and assist with the development of an implementation plan.
Third party filing Services
Additionally, Merrill also offers complete XBRL filing services for companies who are looking for an high-quality outsourced solution. In this option, Merrill manages all the preparation work and filing services, so that our clients can take advantage of the SEC's incentives for voluntary participation and also be prepared for the inevitable mandate – without making a substantial investment in resources.
Superior Filing Results
To date, Merrill has maintained 100 percent error free filing rate for all its XBRL filings, in sharp contrast to the industry average of less than 50 percent.
Find out about XBRL
Download the Merrill XBRL fact sheet (PDF) for a practical overview that explains what XBRL is, why the SEC is championing it and the key factors a company should consider in its response to the voluntary filing initiative.
For information on the SEC's Voluntary XBRL Program, visit http://www.sec.gov/spotlight/xbrl.htm.
To take a test drive of the SEC's Interactive Financial Report Viewer, visit: http://216.241.101.197/viewer.
Commentary on XBRL activities
To read Chairman Cox's speech at the 17th XBRL International Conference, visit: http://sec.gov/news/speech/2008/spch050708cc-2.htm
For a free book entitled XBRL for Dummies, which shows you what XBRL is, how to use it, and why you should, visit: https://store.nationalmailing.com/xbrl/
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