In the event that an XBRL report contains errors or is improperly formatted, the EDGAR System will truncate the filing. This will remove the interactive data from the filing to allow the non-XBRL portions of the filing to be accepted by the EDGAR System. Even though the filing will be accepted by the SEC, the requirements for providing the interactive data will not be met.
To submit the interactive data, you must file an amendment to the original filing.
Because of this, we highly recommend that every XBRL report is Test filed prior to submitting a Live filing to the SEC, even if you only make minor changes.
There are important changes that must be made to the XBRL report prior to submitting an amendment.
- Go to the Document and Entity Information Presentation in the XFR file.
- On the line item that reads “Amendment Flag”, change the data from “false” to “true”.
- Place the selector on an empty row at the end of the presentation. Enter the label “Amendment Description”.
- Press the Add Element button.
- Select the element AmendmentDescription. You can do this by through the XBRL Element Library or by typing the name of the element into the Element Name field.
- Press OK.
- Enter the description for the amendment. The description should be added to the column that reflects the period of the report.
- Export the report and add it to your project.
In the event that the interactive data is truncated from your live filing, we have provided a sample Form 10-Q/A below. If you would like to use this 10-Q/A, please carefully read the information before proceeding.
- Make certain that all boxes are appropriately checked. The template file uses the Wingdings font to create checkboxes. To insert checkboxes, place the cursor at the correct location (this will be adjacent to the character already present in the document). Make certain that the cursor is located inside the FONT tag that creates the checkbox character. Then hold the Alt key and type 0254 for a checked checkbox or type a lower case o (Alt + 0111) for an empty checkbox.
- Add all pertinent information into the template. Keywords will appear in the document surrounded by brackets, as follows: [---EXAMPLE---]. The keyword text will inform you what information needs to be provided at that location. Carefully check through the document to ensure that all bracketed information is entered. For example: EXCELLENT COMPANY, INC. for [---COMPANY NAME---].
- Review the Explanatory Note and make changes as necessary. We have provided a simple, generic note for the template. Depending on the client, you may wish to revise this portion of the template to include the appropriate language. Even if you do not change the language, you should read it thoroughly, checking that all bracketed keywords have been replaced.
- Add all appropriate exhibits (and footnotes). The exhibit list already contains Exhibit 101.
