Julie Valpey, Chair, XBRL US Communications Steering Committee; Partner, National SEC Department, BDO
Switching to structured (XBRL) data after using HTML versions of financial filings is like trading in your flip phone for an iPhone. Wow. Suddenly you can do things you never thought possible.
The accounting profession, data providers, public companies, technologists, federal regulators and a growing number of industry groups view XBRL as an important component of transparency in the markets. These organizations support the business reporting standard by collaborating on XBRL US initiatives with other like-minded organizations and individuals. Learn about membership options for individuals and organizations and get started today.
Version 3 of the freely-available rules and guidance developed by an industry collaborative and effective January 1, 2017 helps public companies detect inconsistencies or errors in their XBRL-formatted financial data.
Several tools are certified for implementation of the approved rules.
Browse this growing collection of case studies, white papers and resources documenting the significance of the business reporting data standard, or dig and discover what’s in the data with tools and services like our Data Analysis Toolkit that bring near real-time analysis to your desktop or device.