Standards to improve surety bond claims processing

David Hartman, Director, Analytics, IFIC Surety, and Michelle Savage, VP Communication, XBRL US

When a project is bonded, the surety must be prepared to answer the call in the event subcontractors or vendors are not paid or project performance is not up to snuff. Data standards can ease that process for the principal, the obligee, and the surety.


Navigating New Developments in Financial Reporting

According to a report from the Financial Reporting Council’s Financial Reporting Lab (PDF), XBRL (eXtensible Business Reporting Language) will play a central role in the movement toward the digitalization of corporate reporting. And with regulators in over 60 countries using XBRL for corporate reporting, I agree with the report’s recommendation that regulators, companies and investors […more]


SEC News from Novaworks Software

Posted this month: SEC Requests Public Comment on Ways to Improve the Exempt Offering Framework SEC Updates List of Firms Using Inaccurate Information to Solicit Investors Updated Application for First-time EDGAR Filers’ Form ID SEC Enhances Protections and Preserves Choice for Retail Investors Notice Regarding EDGAR Password Expiration Date SEC Releases EDGAR 19.2


Communications & Services Steering Committee Meeting

12:00 PM ET Tuesday, July 16, 2019
XBRL US Web Conference
Email membership@xbrl.us to get involved

XBRL US Members are invited to get involved by attending this monthly meeting to discuss strategy and get updates on Committee workstreams. Learn more about XBRL US Steering Committees  Email membership@xbrl.us to get involved


Should blockchain or AI replace XBRL?

Mohini Singh, Director of Financial Reporting, CFA Institute, and Campbell Pryde, President and CEO, XBRL US

Both blockchain and AI have been suggested as technologies that should be considered instead of the XBRL data standard. But what are they, really? Can a technology replace a standard? Or is XBRL complementary to AI and blockchain?


Domain Steering Committee Meeting

3:00 PM ET Thursday, July 11, 2019
XBRL US Web Conference
Email membership@xbrl.us for details

XBRL US Members are invited to get involved by attending this monthly meeting to discuss strategy and get updates on Committee workstreams. Learn more about XBRL US Steering Committees; email membership@xbrl.us to get involved.


The Calcbench Insider: June 2019

In this issue:

  • Trends in capex spending
  • Calcbench insights on charge-offs
  • How to find earnings release data
  • Speaking Out: Disclosure for ‘BDCs’
  • Geeking Out on the Filings – the legal marijuana industry and inventory

Preliminary Information for Tagging Cover Page Data Using Inline XBRL

To help US GAAP filers prepare for tagging the cover information, Novaworks Software has drafted a guide sheet with information that illustrates the XBRL elements and their corresponding data points. This guide sheet is applicable to all filers, with information for the cover pages for Form 10-K, Form 10-Q, Form 8-K, Form 20-F, and Form […more]


Communications & Services Steering Committee Meeting

12:00 PM ET Tuesday, June 18, 2019
XBRL US Web Conference
Email membership@xbrl.us to get involved

XBRL US Members are invited to get involved by attending this monthly meeting to discuss strategy and get updates on Committee workstreams. Learn more about XBRL US Steering Committees  Email membership@xbrl.us to get involved


Data Quality Certification

Does your tool or service provider incorporate the current version of approved XBRL US Data Quality Committee rules, and successfully run the rules on XBRL filings to produce expected results?

If not, why not? Finding and fixing issues identified prior to filing ensures a company’s data conforms to over 50 industry-developed, publicly-reviewed quality checks, and gives the markets a clear picture of company financials.

See real-time company-specific data quality filing results.