The American Institute of CPAs (AICPA) is the world’s largest member association representing the accounting profession, with more than 400,000 members in 145 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical […more]
XBRL US announced the start of its fifth public exposure period for guidance and rules developed by the Data Quality Committee (DQC), which is funded through the Center for Data Quality. The Committee is responsible for developing guidance and validation rules that can prevent or detect inconsistencies or errors in XBRL data filed with the SEC and focuses on data quality issues that adversely affect data analysis.
The XBRL US Data Quality Committee reports that by using its first set of validation rules, filers reduced the number of errors in their filings for the data covered by those rules by 64%, Q1 2016 versus Q1 2015.
May 19-20 in New York City at the offices of the AICPA
Join public company accountants and auditors at a practical, interactive, 1 ½ day workshop on XBRL SEC reporting with an emphasis on interactive exercises and solution discussions. Keynote address by J. Robert Brown, Jr., member of the the SEC’s Investor Advisory Committee.
AICPA/XBRL US survey showed that 69% of companies paid $10,000 or less on an annual basis for fully outsourced creation and filing solutions of their XBRL filings. 18% paid annual costs of between $10,000 to $20,000 for their full service outsourced solutions. Only 8% of companies paid more than $25,000 in annual costs. No company’s annual cost exceeded $50,000.
XBRL US member volunteers are the driving force helping to set the strategic direction of the organization. All members have the opportunity to join one of the primary steering committees. Each steering committee may also establish working groups for a specific activity.
The Committee is responsible for developing guidance and validation rules that can prevent or detect inconsistencies or errors in XBRL data filed with the SEC. The Committee focuses on data quality issues that adversely affect data consumption and analysis and prioritizes issues based on input from users. The Committee provides an open collaborative process with stakeholders through exposure of its proposed guidance and validation rules for public comment. Members of the Committee include representatives from software providers, data aggregators, institutional investors, the accounting profession and academia.
Join public company accountants and auditors at a practical, 1 ½ day workshop in XBRL SEC reporting with an emphasis on interactive exercises and solution discussions. You’ll hear keynote speaker J. Robert Brown, Jr., Law Professor, University of Denver, who serves as Secretary on the SEC’s Investor Advisory Committee; and you’ll participate in working sessions on XBRL best practice.
Education & Training for Filers Learn best practice and earn CPE credit through XBRL US training programs. Got an idea for topics we should cover – ? – let us know. Web-based Training from AICPA & XBRL US Participate in the XBRL Fundamentals, a 12 CPE online course jointly developed by the AICPA and XBRL US. […more]
The visionary generosity of Founding Members enabled XBRL US to provide support for the development of the business reporting data standard at the very start of the organization. Today’s Founders Council are industry leaders representing business constituencies that continue to drive and realize benefits of adoption in multiple industries. Interested in learning more about becoming […more]
The national consortium for
the business reporting standard
