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Financial reporting joins 21st century! SEC mandates interactive data.
The SEC has mandated the use of XBRL for all public companies and mutual funds, and we’re thrilled. For all the criticism that Chairman Cox is facing right now, we give him full credit for what may be his most lasting legacy — dragging the world's...(read more)

XBRL: A Magic Pill?
With the financial markets under siege and experts agreeing that we are not through the tumult yet, everyone sees how critical the need is for greater transparency into business and financial information. XBRL may not be a magic pill, but it steps us...(read more)

Single, free repository for municipal bond information
Issuers of municipal bonds must begin filing their disclosures in July to a single, centralized repository that investors can access for free, according to a long-awaited SEC ruling aimed at improving municipal disclosure standards in the $2.66 trillion...(read more)

Kids fine, parents clueless according to new study of the "net generation"
Worried about the damage the Internet may be doing to young minds? Today’s web-savvy youth stand accused of being unread, bad at communicating, socially inept, shameless, dishonest, work-shy, narcissistic and indifferent to the needs of others, says author...(read more)

Quick Quiz: What should happen to Madoff and family?
A. Jail for Life B. Capital Punishment C. All Madoff Family Should be Stripped of Every Penny D. Water Boarding Every Day You can cast your vote on the new Bernie Madoff blog, which promises daily updates about "the misguided efforts to prosecute...(read more)

Job opportunities in the accounting profession
The accounting profession has been predicting labor shortages for a long time. According to the Bureau of Labor Statistics, some reasons for the growth of this job market are the changing financial laws and regulations and greater scrutiny of company...(read more)

Is the crowd smarter than the experts?
Regulation is not the answer. Wikinomics is. So argues authors Bob and Don Tapscott who challenge the financial services industry to open itself for peer review and improvement by the public. Tapping the collaborative wisdom of the crowd has resulted...(read more)

Crisis streamlines political debate for international reform
Leaders from the world's 19 largest economies and the European Union met in Washington D.C. for an economic summit last month and agreed on broad principles for preventing future economic crises. Without mentioning XBRL or any other financial formats...(read more)

Flu headed your way? Check Google's new Flu Trends
Google's new Flu Trends tool can estimate flu activity in your state up to two weeks faster than traditional flu surveillance systems. Google researchers have found that certain search terms are good indicators of flu activity and the aggregated data...(read more)

Payback: Wealth and the Shadow Side of Debt
"Debt is like air,” says Margaret Atwood, “something we take for granted until things go wrong.” In her eerily prescient book, the internationally acclaimed author writes of the debtor/creditor relationship in the broadest sense – from pawnshops...(read more)

Quick Quiz: Disembodied spirits weigh in on the economy
Instead of our regular Quick Quiz, we offer this mind-bending view of the current economic crisis, straight from a group of disembodied spirits. A college senior heading for Wall Street seeks career advice from a popular physic. "I feel like the...(read more)

Conference Alert Dec/Jan 2008
Training Workshop on how to create XBRL filings for submission to the SEC. Register here for the all-day, hands-on workshop sponsored by XBRL U.S. Learn how to use taxonomies, convert your primary financial statements, and block tag your footnotes in...(read more)

EDGAR Online Adds More Refined Searching for Mutual Funds
We continue to improve EDGAR Online's Online Subscriptions. Today we are happy to announce the following enhancements to mutual fund filings. Refined Searching Now on Mutual Funds EDGAR Pro users can now search by Fund Series Name / ID or Fund Class...(read more)

Quick Quiz: What’s your best one-year investment return?
Match the current value of your hypothetical $1000 investment to the correct company. With our apologies, here’s an old standard updated for the current investor. We think it's worth forwarding. Companies: Delta Airlines, AIG, Lehman Brothers, Anheuser...(read more)

Snowball: Warren Buffett and the Business of Life
There is so much public fascination with Warren Buffett that we actually found this 1,000-page biography being sold in a grocery store! From childhood, Buffett found solace with numbers and money, driven in part by a mother who regularly berated him as...(read more)