Retrieving Financial Information in XBRL on the Next-Generation Edgar

Jianing Fang
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Abstract

The Securities and Exchange Commission (SEC) has upgraded the old Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, to the Interactive Data Electronic Applications (IDEA) platform, or the Next-Generation EDGAR (New EDGAR). In January 2009, the SEC issued its final mandate for XBRL adoption and the conversion target dates for all firms. This conversion enables users to retrieve listed companies’ financial statement information at both document level and data element level. This paper reviews the basic concepts of XBRL, reports the current compliance status of the SEC XBRL conversion mandate. The main contribution of this article is to demonstrate how to retrieve data from the New EDGAR and process them with Microsoft Excel 2013.
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基于下一代Edgar的XBRL财务信息检索
美国证券交易委员会(SEC)已将旧的电子数据收集、分析和检索(EDGAR)系统升级为交互式数据电子应用(IDEA)平台,或下一代EDGAR (New EDGAR)。2009年1月,SEC发布了采用XBRL的最终授权,并为所有公司确定了转换目标日期。这种转换使用户能够在文档级别和数据元素级别检索上市公司的财务报表信息。本文回顾了XBRL的基本概念,报告了SEC XBRL转换指令的合规现状。本文的主要贡献是演示如何从New EDGAR检索数据并使用Microsoft Excel 2013处理它们。
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