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
November 2015 Regulatory & Legislative News SEC Commissioner Piwowar Supports Inline XBRL in Comments at FEI’s CFRI Conference Office of Financial Research (OFR) and University of Maryland Announce Financial Entity Identification and Information Integration Challenge XBRL US News Initial Set of XBRL US Data Quality Rules for SEC Filers Now Freely Available; Webinar to Demonstrate […more]
October 2015 Regulatory & Legislative News SEC Reg S-X Proposal Includes XBRL Requirement for Disclosures by Entities Other than Registrant FASB Public Review of 2016 US GAAP Taxonomy to Close October 31 XBRL US News Webinar on Effective Use of Dates, November 2 at 3PM ET Featuring KPMG’s Joe Luczka Morningstar Video Published on the […more]
Morningstar’s Jo Guo discusses the importance of financial fundamentals to stock research and why every public company should report the same information in the same fashion in this 8 minute video. She also covers why investors should determine what data is reported and how that data is reported, not the public companies themselves. And finally […more]
This set of freely available spreadsheet templates and APIs lets analysts, investors, data providers and regulators easily extract XBRL-formatted financial fundamentals. The toolkit includes templates that perform analyses on margins, leases and balance sheets, in addition to APIs that allow users to extract reported values. XBRL data produced by using the toolkit is driven by […more]
Speakers from Bloomberg, Credit Suisse, OFR/Treasury, SEC, S&P Capital IQ confirmed XBRL US today announced a ½ day forum for investors, analysts, regulators, data and analytical tool providers: Improving Financial Analysis through Structured Data. The forum is hosted by Baruch College’s Zicklin School of Business at their E. 25th Street campus and offered through partnerships […more]
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