The non-profit community improving U. S. reporting through a free, open standard
Introduction to the XBRL API Standard – Streamline Your Access to Data
Streamlined Data Access through the XBRL API Standard Attend this webinar to learn about the new XBRL API – for casual data users, researching public companies, and commercial entities building their own XBRL database offerings.
Approved Guidance & Validation Rules
In October, 2018, the Data Quality Committee – a collaborative of public companies, providers and data users working to improve standardized financial reporting – approved version 7 of freely-available rules and guidance to help filers using US GAAP and IFRS Taxonomies supported by the US Securities and Exchange Commission detect and resolve inconsistencies or errors in XBRL-formatted financial data.
Point of View
The right tools for when it absolutely, positively, has to be done right.
Preparing a perfect turkey is critical for a successful Thanksgiving. Preparing quarterly financial statements is another activity where “getting it right” is critical. The risk of mistakes has significant downsides, ranging from SEC sanction to negatively affecting your company stock price.
State and Local Government
A new XBRL US working group seeks to address standards related to state and local government annual financial reports by designing schemas and XBRL implementation(s) for open data reporting of state and local government actual financial results.
Membership – Join US
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.
