Spending on share-based compensation to employees is always an interesting item for financial analysts, so we recently did a study of how much the S&P 500 have been spending on line item over the last four years. Among the companies that do spend money on equity compensation (23 percent of the S&P 500 do not), […more]
Financial technologies like artificial intelligence and blockchain are driven by data. AI systems are optimally powered by high volumes of data that are not just machine-readable and accessible, but that are “machine-understandable.” Artificial intelligence has enormous potential, but AI algorithms must leverage high-quality, unambiguously understood data to generate reliable, useful results. Blockchain is a distributed, […more]
April 2016 Regulatory & Legislative News SEC Releases Staff Observations on Use of Custom Axis Tags in XBRL Submissions FASB Publishes Video on Importance of GAAP Taxonomy XBRL US News FinTech Forum Announced: Crowdfunding & Data Standards to be Held June 28 in New York City XBRL US Comments on SEC Concept Release on […more]
XBRL US announced a free half-day FinTech Forum: Crowdfunding & Data Standards which will provide an introduction to crowdfunding, the practice of funding a company or initiative by raising monetary contributions from a large number of people, through Internet-based funding portals. The event is hosted by Baruch College’s Zicklin School of Business at their 151 E. 25th Street campus and sponsored by the CFA Institute and features speakers from SEC, FINRA and more.
XBRL US responds to SEC Concept Release on Transfer Agent Regulations on April 14, 2016, proposing that inline XBRL be used for transfer agent financial disclosures and that data standards be used to improve corporate actions processing.
Big changes are coming to how companies account for leasing activity. By 2019, the cost of operating leases will need to be moved from disclosure in the footnotes to disclosure on the balance sheet—with potentially big consequences for companies. Calcbench has taken a preliminary look at how large those new balance sheet disclosures might be […more]
Calcbench conducted a Q&A interview with Jack Ciesielski, head of the Analyst’s Accounting Observer, to get his thoughts on OCI and AOCI: how to understand its intended purpose, what should be reported there, and its potential to cause financial analysis headaches. Read below to see what else Calcbench is doing to provide sharper, more precise […more]
Financial technologists, investors, analysts, regulators, investor relations professionals and data providers are invited to the free FinTech Forum: Smart Contracts, Blockchain & Data Standards. The blockchain is a distributed public ledger that describes confirmed transactions between counterparties, and that prevents tampering or revision. Best known as the enabling technology behind BitCoin, the blockchain promises significant new ways to transact a vast array of transactions that today rely on trusted intermediaries.
January 2016 With our first newsletter of the year, we’d like to take the opportunity to highlight some of the key activities that have served to increase XBRL adoption and use in the US, and address how we’ll expand on those initiatives in the year ahead. Data quality was the most critical focus in 2015 […more]
Since early October, Calcbench has been incorporating non-interactive data in the form of ‘Earnings Press Releases’ into its platform. Calcbench maps the income statement and balance sheet items from the release into the financial statements for easy comparability. More on this and the full newsletter: http://eepurl.com/bH1ni1
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