A key measurement date regarding the SEC's XBRL filing requirement is June 30 of each year.  Since that was yesterday, it would be wise to note your company's Total Shares Outstanding and Market Capitalization as of yesterday's close.  For more information, contact us at info@sec-report-filing.com.

To help you map your financial statements to the US GAAP taxonomy, simply send an email to info@sec-report-filing.com.  We will provide you a file containing the information, and instructions on how to utilize it.

To view the SEC's March 23, 2010 webcast regarding implementation of XBRL, go to the following link:

http://www.sec.gov/spotlight/xbrl/xbrl-webcasts.shtml

The SEC maintains a site that answers several questions regarding XBRL.  It is located at http://www.sec.gov/spotlight/xbrl/staff-interps.shtml.

Among the many items listed, we thought it important to highlight the following items pertaining to zero- or nil-values:

Question 9

Q: How do I arrange for facts with different types to appear on the same row?

A: None of the Commission viewers can currently render facts of different types on the same row.

Question 10

Q: How do I force a row that is entirely nil-valued facts to render?

A: The current version of the Interactive Data viewer will not render a row of entirely nil-valued facts.

Question 36

Q: Should elements for line items appearing with a "-" in the original HTML/ASCII version be tagged with a "0"?

A: No. These items should not be tagged, which will render a blank field by the rendering engine. Tag an element with a "0" value if and only if the fact appears as a "0" in the original HTML/ASCII version.

Question 39

Q: For empty cells in a table appearing in the original HTML/ASCII version, should a filer tag those facts with a "0"?

A: No. These items should not be tagged, which will render a blank field by the rendering engine. Tag an element with a "0" value if and only if the fact appears as a "0" in the original HTML/ASCII version. Similarly, if a cell appearing in the original HTML/ASCII version has a "-", that item should not be tagged, which will render a blank field by the rendering engine.

If you would like an up-to-date OMB approved Word template of a form NT 10-K (12b-25) to extend your 12/31/2009 10-K with the SEC, simply e-mail us at filing@sec-report-filing.com and we will send you a current template.  After it is complete, send it back for immediate processing and filing with the SEC for just $50.

The 10-K for the period ending December 31, 2009 filing deadline for Non-Accelerated SEC filers is Wednesday, March 31, 2010.  If an extension is necessary, that is due the following day, April 1, with the late 10-K due by Thursday, April 15, 2010.

If a non-accelerated filer extends their September 30, 2009 Form 10-Q by filing form 12b-25 (NT10-Q) then instead of filing by November 16, 2009, they have another five days thereafter to file.  However, since November 21 falls on a weekend, then the following Monday, November 23, 2009 is the deadline to file the Form 10-Q.

The 10-Q deadline for non-accelerated filers is 45 days after the end of the quarter, unless that day falls on a holiday or on a weekend.  In that case, the deadline is extended to the next business day.  Therefore, for non-accelerated filers, the deadline for filing the September 30, 2009 10-Q is Monday, November 16, 2009.

The SEC has announced that it will update the EDGAR system to enhance the validation process of XBRL submissions.  Previously, XBRL files could be submitted to EDGAR, even if they were not compliant with all technical requirements.  With this change comes a stronger need for companies and filers to submit test filings long before due dates so any errors can be corrected.  The complete text from the SEC's announcement is below:

Notice regarding upcoming EDGAR Release 9.17 and XBRL Validation

We plan to update the EDGAR system on 09/28/09 to, among other things, expand the tests the EDGAR system uses to validate information in Interactive Data File (XBRL) submissions. With this update, the EDGAR system will validate an increased number of technical requirements while processing filings that include Interactive Data Files. This part of the update does not change existing technical requirements; it will simply enhance the validation process the EDGAR system uses to confirm compliance with the EDGAR Filer Manual requirements.

Although the EDGAR Filer Manual requirements relating to Interactive Data Files generally have not changed, it is important to note that with the enhanced validation process, the EDGAR system may reject Interactive Data File exhibits that would have been accepted prior to Release 9.17. We encourage filers to take appropriate steps to ensure that all Interactive Data File submissions comply with the EDGAR Filer Manual requirements and once Release 9.17 is in place to test compliance by submitting test filings well in advance of required filing dates.

http://www.sec.gov/info/edgar/ednews/edgar9.17xbrlvalidation.htm

Modified: 08/21/2009