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


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


Calcbench data cited in WSJ article

In this issue:

  • Lease Accounting… There’s More
  • Capex spending, both up and down.
  • Restructuring costs on the rise.
  • Restructuring costs up close.
  • When Amazon takes over the world.

Navigating New Developments in Financial Reporting

The pace of regulatory developments in financial reporting has accelerated significantly. Standard setters and regulators have transformed both accounting standards and the format of financial reporting, resulting in vast changes to not only how accounting is recorded, but also how financial results are reported. Proper handling of these accounting and reporting changes is a key […more]


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.