PRLog (Press Release)
Ez-XBRL Solutions - Simplifying XBRL
- Feb. 16, 2010 -
Ez-XBRL Solutions is pleased to announce the enhancement to their current offering with detailed footnote tagging as per SEC mandates. In addition to Phase 1 filing requirements, SEC has mandated the following for Phase 2 filers:
1. Each significant accounting policy within the significant accounting policies footnote should be tagged as a single block of text;
2. Each table within each footnote should be tagged as a separate block of text; and
3. Within each footnote, each amount (i.e. monetary value, percentage, and number) must also be tagged.
Ez-XBRL’s solution enables data mapping from detail textual footnotes (paragraphs)
. The enhanced solution has a unique feature of facilitating data mapping from two-dimensional and multi-dimensional tables. Our solution significantly reduces the time required to complete the tagging of detailed footnotes. Additionally, our offering enables optimal extension creation compliant with SEC guidelines due to our understanding of the intricacies of XBRL taxonomies. Footnote tagging, coupled with our roundtrip validation feature, will enable Phase 2 filers to achieve accurate, timely and cost-effective filings.
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About Ez-XBRL Solutions
Ez-XBRL Solutions provides products and full lifecycle services to corporations, financial printers and mutual funds to enable quick and accurate XBRL filings. With the ability to read financial data in multiple formats like Adobe PDF, Microsoft Word and Excel, Ez-XBRL Solutions offers a complete and highly automated XBRL solution.
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