Workiva (NYSE:WK) created Wdesk, a cloud-based productivity platform for enterprises to collect, link, report, and analyze business data with control and accountability. Thousands of organizations, including over 65 percent of the Fortune 500, use Wdesk for risk, compliance, or management reporting. Wdesk proprietary word processing, spreadsheet, and presentation applications are integrated and built upon a […more]
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.
Workiva, creator of the Wdesk cloud-based productivity platform for enterprises, announced today that one of its customers used Wdesk to submit the first Inline XBRL filing to the U.S. Securities and Exchange Commission (SEC) on Friday, July 1, 2016.
The SEC has released new rules that allow companies to voluntarily file data in the Inline XBRL format. This milestone shows the value that the SEC places on XBRL data, data quality, and reducing the regulatory burden.
Gartner Names Workiva a Leader in 2016 Magic Quadrant for Financial Corporate Performance Management Solutions
Workiva, creator of the Wdesk cloud-based productivity platform for enterprises, today announced that Gartner, Inc. has positioned Workiva as a Leader in its May 31, 2016 Magic Quadrant* for Financial Corporate Performance Management Solutions (FCPM). Gartner’s FCPM market includes solutions in financial consolidation, financial reporting, management reporting, costing and forecasting, reconciliations/close management, intercompany transactions and […more]
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.
A new XBRL US working group seeks to address standards related to state and local government annual financial reports by designing schemas and XBRL implementation(s) for open data reporting of state and local government actual financial results.
Workiva, the SEC reporting solution market leader with the highest volume of XBRL facts filed, is hosting an XBRL training provided by experts for a day-long workshop of CPE learning. Participants of the training will be taken from the fundamentals of XBRL through the steps towards ensuring data quality in your filing. You will learn: […more]