The non-profit community improving U. S. reporting through a free, open standard
Attend this free, one-hour webinar to find out how investors adapt to new technologies and how public companies and analysts can mitigate the costs of disclosure.
Attend this free, one-hour webinar to hear from the Securities and Exchange Commission, and the International Accounting Standards Board about how to prepare XBRL financials using the IFRS Taxonomy.
Lou Rohman, Vice President, XBRL Services, Merrill Corporation; Chair, XBRL US Data Quality Committee
Accountants are sticklers for checking their work. The XBRL US Data Quality Committee also checks their own work, and now has proof that their rules and guidance are improving the accuracy of corporate XBRL financials.
The Data Quality Committee – a collaborative of public companies, service providers and others working to improve standardized financial reporting – approved rules related to versions 4 and 5 and guidance for the Statement of Cash Flows in October, 2017. These freely-available resources help public companies detect inconsistencies or errors in their XBRL-formatted financial data.