The "Accepted Date" from WRDS SEC suite doesn't match EDGAR
I found the filing and accepted date in WRDS SEC Analytics doesn’t agree with EDGAR.
For example, the following 8-K event (cik=“0000003116”) has an accepted date of 2003-7-7 (EDGAR link):
But in WRDS SEC Analytics Suite, the accepted date (
secadate) is 2003-7-4 while the accepted time (
secatime) and report time (
rdate) are correctly parsed:
WRDS confirms my findings:
<ACCEPTANCE-DATETIME>doesn’t always exist in the raw text. Therefore, we use the date on the
<SEC-HEADER>row for older filings.
When I asked “how old is old,” WRDS further adds:
<SEC-HEADER>row for these filings.
My understanding is:
We should not trust “accepted date/time” in and before 2003.
When we see a discrepency between WRDS and EDGAR for these old filings, WRDS might be more trustable.