xbrl financials for investor relations websites - q4 web systems

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Is your Investor Relations Website Ready for XBRL? In January 2009, the SEC introduced a phased mandate for filing in XBRL starting with the largest companies in June 2009 and then extending to all sizes of companies over the next three years. The rules require companies to provide their financial statements on their corporate websites in an interactive data format using the eXtensible Business Reporting Language (XBRL) at the same time their financial statements are submitted to the SEC. e rules apply to all public companies and foreign private issuers that prepare their financial statements in accordance with U.S. generally accepted accounting principles (U.S. GAAP), and foreign private issuers that prepare their financial statements using International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). Advantages of XBRL Gives investors more meaningful information that is easier to find, download and analyze Provides interactive viewing from your IR website Easily downloaded directly into spreadsheets Compatible with off the shelf- soſtware and investment models for comparative and analytical uses by investors, analysts and journalists Automates regulatory filings and business information processing Interactive data has the potential to increase the speed, accuracy and usability of financial disclosure, and significantly reduce costs. XBRL Financials Displayed in Real-Time Is your company filing in XBRL? Q4 can now render real-time interactive financials once your filing is accepted by the SEC. Q4’s Web Based XBRL Viewer Renders SEC filings in Real-Time Q4 Web Systems Inc. 703 Evans Ave. Suite 105, Toronto, Ontario, Canada M9C 5E9

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Q4’s web platform delivers a highly accurate real-time rendering of XBRL tagged SEC filings enabling users to review, customize, and share their views of the filings while maintaining the linkage to the source filings. Within minutes your website is updated with the complete filing displayed in HTML with many interactive features.

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Page 1: XBRL Financials for Investor Relations Websites - Q4 Web Systems

Is your Investor Relations Website Ready for XBRL?In January 2009, the SEC introduced a phased mandate for filing in XBRL starting with the largest companies in June 2009 and then extending to all sizes of companies over the next three years.

The rules require companies to provide their financial statements on their corporate websites in an interactive data format using the eXtensible Business Reporting Language (XBRL) at the same time their financial statements are submitted to the SEC.

The rules apply to all public companies and foreign private issuers that prepare their financial statements in accordance with U.S. generally accepted accounting principles (U.S. GAAP), and foreign private issuers that prepare their financial statements using International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB).

Advantages of XBRL• Gives investors more meaningful

information that is easier to find, download and analyze

• Provides interactive viewing from your IR website

• Easily downloaded directly into spreadsheets

• Compatible with off the shelf-software and investment models for comparative and analytical uses by investors, analysts and journalists

• Automates regulatory filings andbusiness information processing

Interactive data has the

p o t e n t i a l t o i n c r e a s e

the speed, accuracy and

u s a b i l i t y o f f i n a n c i a l

disclosure, and significantly

reduce costs.

XBRL Financials Displayed in Real-TimeIs your company filing in XBRL?

Q4 can now render real-time interactive financials once your filing is accepted by the SEC.

Q4’s Web Based XBRL Viewer Renders SEC filings in Real-Time

Q4 Web Systems Inc. 703 Evans Ave. Suite 105, Toronto, Ontario, Canada M9C 5E9

Page 2: XBRL Financials for Investor Relations Websites - Q4 Web Systems

The XBRL ChallengeUntil now, individual investors could obtain only high-level key financial figures for large companies together with their stock price history from sites like Yahoo! Finance and MSN/Money. Institutional investors and research firms with deeper pockets could obtain real-time financial data feeds from pay-per-view data aggregators like EDGAR-Online. However, these data sources are highly normalized and disconnected from the source. The challenge is to exploit this data to provide new kinds of services to all investors.

The Solution: Q4’s XBRL Financials Displayed in Real-TimeQ4’s web platform delivers a highly accurate real-time rendering of XBRL-tagged SEC filings enabling users to review, customize, and share their views of the filings while maintaining the linkage to the source filings. Within minutes your website is updated with the complete filing displayed in HTML with many interactive features.

Q4’s XBRL Solution Provides: • Full-compliance with the SEC Mandate• Highly-scalable real-time rendering

of SEC filings or other XBRL Content• Multiple report formats for enhanced

financial analysis and reporting• Ability to view and download XBRL reports,

or share embed code through social networks and Web 2.0 applications

• Improved discoverability of your financialinformation

• Accurately rendered sharable ‘as reported’ views of your filings

• Content that remains connected to the source whenever the content is reused

• ‘Trust’ in the origin of the source of theinformation

XBRL filings displayed in real-time on any website

To learn how Q4 can seamlessly integrate your XBRL fillings into your IR website please email us at [email protected] or visit our website www.q4websystems.com.

Q4 Web Systems Inc. 703 Evans Ave. Suite 105

Toronto, Ontario, Canada M9C 5E9 Toll Free: 1-877-426-7829

Tel: 416-626-7829 Fax: 416-626-9950