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