8-KOther EventsExhibits & Filings

Autodesk, Inc. 8-K Report, Corporate Update (Dec 20, 2007)

Filed December 20, 2007For Securities:ADSK

Summary

This Autodesk, Inc. (ADSK) Form 8-K, filed on December 20, 2007, primarily serves as a notice regarding the XBRL (eXtensible Business Reporting Language) formatting of financial statements from its previously filed Form 10-Q for the quarter ended October 31, 2007. The company is submitting these XBRL-formatted documents as an experiment to test the technology and its related formats. Investors are explicitly cautioned that this XBRL data is unreviewed and should not be relied upon for investment decisions. They should continue to refer to the official, filed version of the Form 10-Q. This filing is not intended to provide new financial performance information but rather to test the infrastructure for XBRL reporting. As such, the information within this 8-K is not considered 'filed' for the purposes of Section 18 of the Exchange Act, meaning it does not carry the same liability as officially filed financial statements. The company's Chief Accounting Officer signed off on the report, indicating internal acknowledgement of the filing's purpose and limitations.

Key Highlights

  • 1Autodesk is filing an 8-K to attach XBRL-formatted financial data from its October 31, 2007, 10-Q filing.
  • 2The XBRL data includes Condensed Consolidated Statements of Income, Balance Sheets, and Cash Flows.
  • 3This submission is for testing XBRL formatting and technology, not for reporting new financial performance.
  • 4Investors are strongly advised NOT to rely on this XBRL data for investment decisions.
  • 5The XBRL financial information is unreviewed.
  • 6This filing and its XBRL exhibit are not deemed 'filed' under Section 18 of the Exchange Act and do not carry associated liability.
  • 7Investors should continue to rely on the official filed version of the Form 10-Q.

Frequently Asked Questions

The primary purpose of this Form 8-K is to submit financial statements from Autodesk's prior Form 10-Q (for the quarter ended October 31, 2007) in XBRL format for testing purposes. It is not intended to provide new financial performance updates or commentary.

No, investors are explicitly cautioned against relying on the XBRL-formatted financial information in this filing for investment decisions. The company states that the data is unreviewed and they should continue to rely on the official, filed version of the Form 10-Q.

XBRL (eXtensible Business Reporting Language) is a global standard for the digital transmission of business and financial data. Autodesk is testing this technology to evaluate its formatting and associated systems, indicating a potential future move towards digital financial reporting.

No, according to the filing, the information within this Form 8-K, including the XBRL exhibit, is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. Therefore, it does not subject the company to the liability provisions of that section.