Southridge Services is one of the few EDGAR filing agencies that is staffed with experienced accountants.  This is important for both your immediate and long-term partnership with your SEC reporting agency for two very important reasons:

1.  For your current SEC filings (uploaded HTML or ASCII filings), our accounting personnel understand the purpose of your EDGAR filings, and have even "walked in your shoes" and can certainly empathize with the stress you feel as your deadlines approach.  As accountants, we speak the same language and do several "little" things that make your filing and your experience with us much more professional - even enjoyable - such as striping the financial tables in ways that make more sense to a financial user instead of just striping the whole table top-to-bottom like a clerical worker would do.  It's a small thing, but using an accounting staff to edgarize your Forms 10-Q and 10-K just makes more sense!

2.  The SEC's new XBRL filing requirement requires your SEC Reporting Specialist to have in-depth knowledge of accounting and financial reporting principles.    Sure, lots of new software is being developed to assist EDGAR filers in their preparation of XBRL instance documents, but like any software, it only does what it is told, and you certainly want to have experienced accountants mapping your financial statements to the appropriate elements in the appropriate taxonomies so your filings are done correctly.

It only makes sense that your SEC reporting agency for your quarterly and yearly financial reports be experienced accounting professionals!

Southridge Services is the best-sized EDGAR filing firm for your needs!  Why?  We are large enough to have the resources and expertise to get your SEC filings done right, on time, all the time.  We are small enough that you don't have to wait in line for several days before your EDGAR filings are addressed, and we can process your documents in a cost-effective manner that passes the savings on to you.

For high-quality cost-effective EDGAR filings done right, Southridge Services is your EDGAR filing firm of choice!

Yes, we accept credit cards of all types:  VISA, AmericanExpress, Discover and MasterCard.  We are happy to help our clients utilize whatever payment method is most convenient for them.  Many have discovered that the rewards they earn through credit card rewards programs are substantial, and use cards for every expense they can.  For example, see https://home.americanexpress.com/home/corporations.shtml? for the American Express rewards program.  Of course, all credit card transactions are processed in a secure manner (using both electronic and process-oriented internal controls).  We also immediately send receipts of any charges to keep your accounting group happy! 

Southridge Services is your edgarizing firm who is committed to a successful partnership from every angle.  From hours of operation, to quality, to pricing, to payment options, to XBRL filings... we are your one-stop partner for all your SEC reporting needs.

XBRL filings have as yet been on a "voluntary" basis.  Most insiders have said that given the investment the SEC has made into the program, it is only a matter of time before public companies must also submit XML files for their Forms 10-Q and 10-K in addition to the HTML or ASCII files that are submitted to EDGAR.

On December 17, 2008 at 10:00AM, the SEC will hold an Open Meeting.  Item 2 of 4 on the agenda is:

"The Commission will consider whether to adopt amendments to provide for companies' financial statement information to be filed with the Commission in interactive data format, according to a specified phase-in schedule."

So check back on that date for official word regarding XBRL!

If you have wondered if the edgarizer who converts your Word and Excel documents into HTML or ASCII files, and then submits those documents to the SEC, is also capable of taking care of your XBRL filings, this topic is for you!

The answer is no, not without significant additional training and preferably several years of accounting and/or financial reporting experience.  Although both require knowledge of SEC reporting requirements and processes to upload documents to EDGAR (or "IDEA" as it will be in the future), the actual conversion process is quite different.

To convert a Word document to an HTML or ASCII file is mostly a visual exercise that requires in-depth knowledge of the software package being used to convert the files. XBRL instance document creation, however, also requires accounting and financial reporting expertise.  The reason is this:  The creation of a an XBRL instance document requires the preparer to read and understand the subject company's financial statements, then be able to accurately link (or "map") the line items on the financial statements to the appropriate element in the US GAAP taxonomy.  In other words, a preparer needs to know not only the basic difference between "depreciation expence " and "current assets", but also needs to be able to differentiate among thousands of existing elements in the taxonomy that would appear to be very inconseqential to the untrained preparer.

So as you begin to get serious about meeting the XBRL filing requirements, you will want to find an edgarizing agency that is staffed with seasoned accounting professionals who can handle both your edgarization and XBRLl filing requirements.   Southridge Services not only has over 10 years experience in HTML/ASCII filing on EDGAR, but also is staffed with experienced and trained accounting professionals who can help you meet your XBRL filing requirements.  Southridge is a one-stop-shop for all your EDGAR and XBRL filing needs!

Some have asked what our hours are, and if we work weekends.  The answer is we work whenever you need us!  If that be late at night or early in the morning, or even weekends (excluding Sunday).  We are available to edgarize your documents whenever you need it.  Of course, the SEC's EDGAR system is not open on weekends nor holidays, but we can certainly convert the files and return a proof to you for your review so all is ready to go as soon as EDGAR reopens.

Yes they can.  However, turn-around time and/or quality may be affected.  Why are adobe files not the preferred source document type?  The answer is they are typically "graphic" or "picture" based files.  To have compliant filings with the SEC, all text should be readable as text.  "Pictures" are not text-readable, and therefore have to pass through an additional process to convert from "picture" to "text" before they can be edgarized.  Therefore, it is always preferable to submit your SEC filings to an edgarizer in Microsoft Word and/or Excel format, which is typically the source file from which a pdf file was created in the first place.  If that is not possible (for example, if the document originated from outside your firm) then the pdf file can be worked with to convert to the appropriate text-based SEC compliant document.

Placing financial information in tables (either within Word or Excel) instead of a tab-based layout will speed the conversion and edgarization process.