Can I file XBRL interactive data on my own?

It’s possible, but will require a solid understanding of the EDGARLink submission software or third party filing software with a built-in XBRL filing component. In addition, the XBRL interactive data files attached as exhibits to the submission may contain validation errors that will require a good knowledge of XBRL to repair.

Will I need to post my company's XBRL interactive data on our company website?

Yes, the proposed XBRL rule requires issuers to post the XBRL data on their respective company website the same day it filed or was required to file the related registration statement or report, whichever is earlier.

Where will XBRL interactive data submitted to the EDGAR system appear?

EDGAR Filings containing XBRL interactive data will appear in the issuer’s document list under their respective CIK on the SEC EDGAR web site. The XBRL portion of the filing will be located in exhibits in text format. To view a human-readable form of the XBRL interactive data viewers will need to load the Interactive Financial Report Viewer or the Financial Explorer. XBRL interactive data submitted to EDGAR may also be downloaded by analytical programs and posted on other, non-SEC web sites.

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SEC Announces XBRL Mandate
December 18, 2008
The Securities and Exchange Commission has voted to require public companies and mutual funds to use interactive data for financial information. The largest companies who file using U.S. GAAP with a public float above $5 billion will be required to provide interactive data reports starting with their first quarterly report for fiscal periods ending on or after June 15, 2009.

XBRLit Launched
September 3, 2008
TNT Filings Inc. and Automated Filing Services Inc. form XBRLit to assist public companies with the generation of XBRL data for SEC EDGAR Filing.

SEC Announces EDGAR Database's Successor
August 19, 2008
Securities and Exchange Commission Chairman Christopher Cox today unveiled the successor to the agency’s 1980s-era EDGAR database, which will give investors far faster and easier access to key financial information about public companies and mutual funds.