XBRL US Data Quality Committee Public Exposure of 14th Ruleset for US GAAP and IFRS Filers

XBRL US announced the start of its 14th Public Exposure of Data Quality rules, and the approval of the 13th Ruleset. 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.


XBRL US Data Quality Committee Announces Cash Flow Guidance & 5th RuleSet in Public Review

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.


SEC Filers Decreased Errors by 64 Percent by Using Data Quality Committee Validation Rules

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.


Surety

Surety providers review the contractor’s financial statements to identify risks and determine eligibility for surety bonds. Financial statements include a Work in Process (WIP) report that describes the financial performance and status of a contractor’s construction projects. Today’s surety underwriting process is highly manual and therefore, labor-intensive, time-consuming and costly. Working Group Members Using Data […more]


National Conference 2014

Current Developments in XBRL Financial Reporting – trends and best practice techniques for SEC filers Attendees got information on new developments in accounting standards including Revenue Recognition, Discontinued Operations and Disposal Groups. They learned about recent, significant US GAAP Taxonomy changes in Pensions and Fair Value. This year’s program emphasized two key themes: Creating XBRL […more]


National Conference 2013

Current Developments in XBRL Financial Reporting – Implementing Best Practice for Public Companies & Auditors September 23 – 25 at Caesars Palace in Las Vegas, NV with over 14 CPE in Accounting Field of Study Join public company preparers and auditors for two intensive days of training and education on XBRL for SEC reporting, plus […more]