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What is the EDGAR Filing Manual (EFM)?
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The EDGAR Filing
Manual is a document published by
the Securities and Exchange Commission (SEC).
The manual generally describes what is required of a submission (such as a
10-K) to the SEC. Included in this manual in Section 6 are a set of XBRL
syntax and semantics requirements.
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Why do I need an EDGAR Filing Manual Validator?
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The XBRL syntax and semantics rules specified in the manual are virtually impossible to enforce manually. While not all of the EFM rules can be codified, an EFM Validator automates as many tests as possible. The alternative is to check the XML by hand. Note that an EFM validator runs thousands and thousands of checks on every submission.
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Why should I use XBRL Cloud's EFM Validator?
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XBRL Cloud goes to great lengths to ensure that it's validator is correct. Here are a few points to demonstrate our commitment to reliable results:
- XBRL Cloud runs the published Interactive Data Public Test Suite published by the SEC.
- XBRL Cloud has its own expanded test suite.
- XBRL Cloud is completely transparent in it's results via the
EDGAR Dashboard
- XBRL Cloud's validation module undergoes continuous improvement due to feedback from filers, filing agents, and auditors. We respond to feedback from customers, the public, and even our competitors.
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