As expected,on Wednesday the US SEC met and approved a Proposed Rule to switch US listed pany filings to Inline XBRL.In his opening statement,Acting Chairman Michael Piwowar described some of the advantages of structured XBRL filings,including:

Structuring financial information can also assist in automating regulatory filings and business information processing.In particular,by tagging the numeric and narrative-based disclosure elements of financial statements and risk/return summaries in XBRL,those disclosure items are standardized and can be immediately processed by software for analysis.This standardization allows for aggregation,parison,and large-scale statistical analysis that is less stly and more timely for data users than if the information were reported in an unstructured format. 

At the same time,he also pointed out,US SEC filings tend to be criticised in terms of st of preparation,and for data quality.

To help overe these problems,the SEC is now proposing to switch to Inline XBRL,or iXBRL,which bines human readable HTML and machine readable XBRL in a single report.

The SEC released a video explaining the “viewer”functionality that they have developed to allow users to better understand and carry out in-depth analysis of individual filings.

中文新闻：美国希望实现公司报告的整合和全面数字化