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.
XBRL US announced the start of a 60-day public review of the Work in Process (WIP) Taxonomy, developed to evaluate how structured data can streamline surety underwriting data processing to reduce costs and increase timeliness and consistency. AIG, Travelers and Zurich Insurance join to sponsor the program, along with early entries GALLINA LLP, Liberty Mutual and the NASBP.
Where an XBRL filing is concerned, have you ever…. Failed to recognize negated tags in your filing? Been unsure when to negate a tag? Wondered if you were managing these tags correctly? Noticed calculation inconsistencies in your filing, but were unable to identify what went wrong? If you answered yes to even one of these […more]
You’re no stranger to XBRL and all that it often implies: confusion, stress and skepticism. For the past 8 years, many companies have struggled through the tangled web of compliant XBRL filing. While some of these original challenges were overcome and paved the way for smoother filing, new complications are cropping up quickly and require […more]
Market leaders join forces to improve the utility of XBRL data XBRL US and an alliance of five companies – Merrill Corporation, RDG Filings, RR Donnelley, Vintage (a Division of PR Newswire), and Workiva Inc. – today announced the joint formation of the XBRL US Center for Data Quality to improve the utility of XBRL […more]
October 1-2 on Golden Gate University’s San Francisco campus
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.
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.
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]
Over 5.3M corporate actions were processed in 2015, according to The Depository Trust & Clearing Corporation (DTCC). Most announcements are processed manually, resulting in errors, time delays and unnecessary cost, negatively affecting investors across the financial community. Business Case for XBRL in Corporate Actions XBRL enables straight-through-processing by electronically capturing standardized data directly from issuers […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
