EDGAR Filing Services, EDGAR filer, EDGAR Filing Service, EDGARizer, EDGAR filer, EDGAR filing, XBRL Preparer, XBRL Processing, XBRL Processor, XBRL Filer |
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S.E.C. REPORT FILING
Document conversion and submission to the S.E.C.'s EDGAR and IDEA databases | |
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Southridge Services
32 West 200 South #136
Salt Lake City, UT 84101
phone: 1-877-553-3427(toll-free)
email: info@sec-report-filing.com | | |
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SEC Reporting Formats:
ASCII / HTML / XBRL
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ASCII
Back in the late 1980's when the SEC required that public companies file their reports electronically, ASCII was the reporting language in use at the time and was selected as the format required to submit documents to the SEC database via EDGAR. ASCII is a very basic text format, and is very limited in it’s capabilities. All lettering has to be the same size and font with no bolding, italicizing, underlining or color. The EDGAR system requires that all of the text be within the width of 80 characters, which makes multi-column financial tables, among other things, difficult to make aesthetically pleasing. ASCII submissions are typically utilized by companies whose only purpose in filing with the SEC is pure compliance. Companies who anticipate that their financials may actually be read by potential investors and the public in general usually opt for the much more modern and professional presentation of HTML documents. Below is a sample of an ASCII filing.
| HTML
HTML is the preferred format for many of our clients. It allows documents to mimic the original document format more closely, with some enhanced features. Some of these features are:
- Hyperlinking, which allows for links throughout the document. For example, items in the Table of Contents can be linked to the appropriate sections farther down in the document. Additionally, the Exhibit Index can have links to those separate documents for one-click access by the reader. Also, a quick link at the bottom of each page can quickly return the reader back to the Table of Contents. This allows anyone perusing your filing to easily navigate the document.
- More font control including size, bolding, italicizing and even color. Underlining looks the same as in Word – no more funky dashed lines on the row below.
- No width restriction. This allows us to make much more appealing financial tables, as they are not crammed to fit 80 characters, nor are they reduced, making them difficult to read.
- Table shading allows for each row in a table to be highlighted in alternating colors so the reader can more easily follow the descriptions to the appropriate numbers in the table.
- Logos and graphics are able to be inserted into HTML documents.
Below is an example of an HTML filing:
EDGAR filings can be submitted in either ASCII or HTML format. We strive to meet our client’s needs. We offer both formats in an effort to accommodate any company’s filing requests.
| XBRL
XBRL (eXtensible Business Reporting Language) documents are completely separate from ASCII and HTML documents. While ASCII and HTML are "human-readable" documents, an XBRL document is a "computer-readable" file whose information can be uploaded and processed quickly by investors. Through 2008, companies may elect to file their documents in either ASCII or HTML. Beginning in 2009, the largest U.S. companies will need to submit their filings to the SEC in either ASCII or HTML (as before) but will also need to include the XBRL files with their submissions. Other companies are required to submit XBRL documents in the following years. For a more detailed discussion of the XBRL initiative, please visit the "XBRL" page, or refer to the blogs pages for more details.
Please call us at 877-553-3427 to discuss the implementation timeline of your XBRL filing requirements. |
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