Summary
This Form 8-K filing by Automatic Data Processing, Inc. (ADP) primarily serves as a notification that XBRL (eXtensible Business Reporting Language) formatted data from their Quarterly Report on Form 10-Q for the quarter ended September 30, 2008, is being furnished. This includes financial statements such as Statements of Consolidated Earnings, Consolidated Balance Sheets, and Statements of Consolidated Cash Flows. The company explicitly advises investors that this XBRL data is unaudited and is for testing purposes only. Investors should continue to rely on the officially filed versions of financial statements and not the XBRL data provided in this 8-K for making investment decisions.
Key Highlights
- 1ADP has filed an 8-K to furnish XBRL formatted financial data from its Q3 2008 10-Q report.
- 2The XBRL data covers Statements of Consolidated Earnings, Consolidated Balance Sheets, and Statements of Consolidated Cash Flows.
- 3The company explicitly states that the XBRL data is unaudited and intended for technology testing.
- 4Investors are strongly cautioned against using this XBRL data for investment decisions.
- 5Reliance should continue to be placed on the officially filed financial statements (10-Q) for accurate information.
- 6This filing is not considered 'filed' for liability purposes under Section 18 of the Exchange Act.
Frequently Asked Questions
The main purpose of this 8-K filing is to provide XBRL (eXtensible Business Reporting Language) formatted financial information from ADP's Quarterly Report on Form 10-Q for the quarter ended September 30, 2008. It is primarily for testing the XBRL format and technology.
No, investors are explicitly warned not to rely on the XBRL data provided in this 8-K for making investment decisions. The company states that this data is unaudited and is for testing purposes only.
Investors should continue to rely on the officially filed versions of ADP's financial statements, specifically the Quarterly Report on Form 10-Q filed on November 7, 2008, for accurate and reliable financial information.
According to Rule 402 of Regulation S-T, the information in this 8-K, including the XBRL data, is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. Therefore, it does not subject ADP to the liability provisions of that section.