By Campbell Pryde, President and CEO, XBRL US
The Financial Accounting Standards Board (FASB) released the proposed 2025 version of the Meta Model Relationships Taxonomy (Meta Model Taxonomy) for public review with comments due by November 29, 2024. The Meta Model Taxonomy is an important milestone in XBRL as it promises to revolutionize the way accounting standards can be used.
By Campbell Pryde, President and CEO, XBRL US Since 2015, the Data Quality Committee (DQC) of XBRL US has been creating freely available validation rules that provide clearly defined guardrails for corporate issuers to follow. The automated standardized rules give issuers the tools to identify and resolve inconsistencies and inaccuracies in their filings so that […more]
By David Tauriello, Vice President of Operations, XBRL US Everyone appreciates a good tip. While no substitute for a comprehensive review of all relevant information, shortcuts that enhance efficiency, save money, or broaden a perspective are useful and can have a lasting impact. Since 2018, we’ve been making data we’ve copied into our Public Filings […more]
By Christine Kuglin JD, LLM, CPA, Director – Truth in Accounting – Daniels College of Business, University of Denver For those of you who have ever used the online app, “NextDoor”, you probably know the benefits of keeping in touch with neighbors. The app, which is a subscriber-only network, offers up handy tips, lets residents post […more]
By Marc Joffe, Senior Policy Analyst, The Cato Institute The Financial Data Transparency Act (FDTA) promises to provide municipal bond investors with standardized financial data for counties, cities, and special districts that issue debt securities. Rather than work through voluminous PDF financial statements, investors would be able to quickly access standardized data facilitating peer comparison […more]
The national consortium for
the business reporting standard
