About iXBRL in Wdesk

The SEC Rule 34-83551 mandated iXBRL as the new filing standard.

iXBRL incorporates XBRL tags into HTML-formatted financial statements for filing, instead of filing a separate XBRL instance document. Learn more about the benefits of iXBRL and next steps for filers.

iXBRL in Wdesk Basics

You can start filing with iXBRL in Wdesk before you are required. Our iXBRL resources listed at the bottom of this article walk you through using iXBRL in Wdesk. Before beginning, take a look at what stays the same and what changes to prepare for this change.

What Stays the Same?

The first thing to know about iXBRL© in Wdesk is that the most important processes stay the same:

  • There is no change to how you tag. If you’ve been using Wdesk to tag facts for filing with the SEC, your tagging process is the same. You’ll continue to tag facts directly in your document.

  • You’ll also edit and review the document and iXBRL just like you do today.

What Changes?

There are some differences with iXBRL. Learn more about using iXBRL in Wdesk using the Help articles listed at the end of this article.

Here is a quick summary of the differences:

  • If DEI facts appear on the cover page, you now tag them on the cover page (form type, period end date and company name for example).

  • When tagging with iXBRL in a 10Q or 10K SEC filing, the Exhibit Index document section must have a statement about XBRL tags embedded in the filing.

  • There are some additional error messages when transitioning to iXBRL. You’ll see these the first time you generate iXBRL. After resolving them the first time, you likely will not see them again.

  • You do not file an XBRL instance document. Instead, your inline filing will contain 6 total files (5 of which are XBRL files). Wdesk will take care of this for you as part of the filing experience.

  • There will be a link to view your filing as one document with XBRL tags highlighted within it on the SEC website.

Displaying EDGAR HTML:

  • If you use a third party to display the EDGAR HTML on your website, we recommend checking with the third party provider and providing them with a test iXBRL output from Wdesk to make sure they support iXBRL files.

  • If the third party provider does not support the iXBRL file, you can either provide a PDF of the filed document or include a link to the SEC's iXBRL viewer instead of the EDGAR HTML.

What's Next

Use the following resources to learn how to use iXBRL in Wdesk: