The CSC has a mission of facilitating the adoption and widespread use of XBRL by the business reporting supply chain. The CSC engages members, government and the public at large to increase the awareness of the benefits of using XBRL data and build community among a diverse audience.
For the first time, the Data Quality Committee has published IFRS validation rules, along with US GAAP rules in its 6th ruleset. Foreign private issuers are encouraged to participate in the public review of these new rules.
XBRL US Data Quality Committee Publishes Guidance on Cash Flow, Principles for Element Selection, & New Rules for SEC Filers
XBRL US announced that the Data Quality Committee (DQC) has published guidance for tagging the Statement of Cash Flow, along with two new automated rulesets, to help issuers prepare their XBRL financial statements, in addition, to Guiding Principles for Element Selection.
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 freely-available rules and guidance developed by an industry coallaborative help public companies detect inconsistencies or errors in their XBRL-formatted financial data. Several tools are certified for implementation of the approved rules.
Issuers encouraged to use the rules to identify and resolve data quality errors in financials XBRL US announced that it had published the second set of approved rules and guidance developed by the Data Quality Committee (DQC), which are now freely available for issuers to use to identify and correct errors in their filings. The […more]
XBRL US announced the start of its third 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.
XBRL US is governed by a Board of Directors, with annual nominations and voting by XBRL US member companies. Michael Becker Executive Vice President, International Business Strategy, Business Wire Al Berkeley Chairman, Princeton Capital Management Rob Blake Vice President of Disclosure Management Solutions, Certent Pranav Ghai CEO & Co-Founder, Calcbench Len Lipton Managing Director, Globe […more]
Financial reporting is changing! The new structured data (XBRL) format for disclosing financial information has significant impact to all SEC filers. The SEC is now consuming XBRL data with increasing frequency and sophistication and recently proposed a new Inline XBRL format. Are you up-to-speed on the new developments? Join us for this complimentary webinar and […more]
Join Merrill Corporation and its guests for this complimentary webinar and hear our expert panel discuss the areas that are critical to understanding the fast-paced world of XBRL, including how the SEC and analysts are realizing significant benefits from its use; and how this impacts all SEC reporting companies.