Ready of Not, Here Comes XBRL


Despite the SEC-proposed mandate that all public companies adopt XBRL by 2011, a Compliance Week survey found that few are prepared for implementation.

Of the 236 publicly held companies surveyed, nearly 80% said no member of their staff is well-versed in XBRL, and 15% said they had no knowledge of XBRL at all.

Forty-four percent of the respondents said they just started researching XBRL and have done no previous testing.

Source: Compliance Week, www.complianceweek.com.

SPONSORED REPORT

CPEOs provide peace of mind around payroll services

The creation of these new IRS-certified service providers for small businesses clarifies some issues around traditional professional employer organizations.

QUIZ

News quiz: Senate health care bill in the spotlight

Reports related to the Republican bill to repeal many provisions of the PPACA, other tax issues, and the giant AICPA ENGAGE Conference offered a diverse reading list for June. See how much you know about recent news with this short quiz.