Items tagged with "analytics"

SEC Can Look to States for Municipal Finance Standardization Ideas

By Marc Joffe, Senior Policy Analyst, The Cato Institute The Financial Data Transparency Act (FDTA) promises to provide municipal bond investors with standardized financial data for counties, cities, and special districts that issue debt securities. Rather than work through voluminous PDF financial statements, investors would be able to quickly access standardized data facilitating peer comparison […more]

SBR: Tangible benefits of data standards for business and regulators

By Campbell Pryde, President and CEO, XBRL US, and John Turner, CEO, XBRL International U.S. regulators tasked with implementing the Financial Data Transparency Act (FDTA) would be well-served to consider how governments in other regions have adopted a standardized data approach to reducing administrative burden and improving efficiencies. SBR Case Study Standard Business Reporting (SBR) […more]

Inconsistent bank regulation spells trouble for investors

By Campbell Pryde, President and CEO, XBRL US
Loopholes in regulatory disclosure requirements allow certain banks to opt out of filing to the SEC, including the recently failed Signature Bank (which also happens to be big enough to be part of the S&P 500). Equity investors need consistent disclosures across all banks. The FDTA could help resolve this kind of regulatory fragmentation.

Silicon Valley Bank losses hiding in plain sight

By Campbell Pryde, President and CEO, XBRL US Silicon Valley Bank went bankrupt because it had unrecognized losses on held-to-maturity securities that were greater than the bank’s equity. And the losses started climbing as early as March of 2022 as shown on the graph below. If the bank was forced to sell these securities and […more]

FASB Meta Model Invitation to Comment and Proposed Policy Election Element Relationships

3:00 PM ET Wednesday, November 2, 2022
XBRL US Webinar
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Learn about the meta model relationships which would add base level accounting model relationships, as well as the proposed changes to the 2023 US GAAP Financial Reporting Taxonomy (GRT) related to the policy relationships, that will improve the usefulness of the GRT by including explicit relationships between structured policy election elements and their related monetary or numeric elements.

ESEF Reporting

We evaluate every European Single Electronic Format (ESEF) financial report posted to XBRL International’s Filings Index with Data Quality Rules contributed by the Data Quality Committee. Browse the list of most-recent filing or search for your favorite company to see how well they’ve done to create high-quality XBRL financials. SEC Filers can view similar results for reports.

Tools and Techniques for the XBRL Data Pipeline

3PM ET Wednesday, July 27, 2022
XBRL US Webinar
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Join the XBRL US Team to find out what’s new with the XBRL Filed Data add-in, XBRL API, and resources available that anyone can use to explore the deep, growing pool of standardized financial data produced in XBRL. Topics covered will include: demonstration of updates in the XBRL Filed Data add-in for Excel and Google […more]

XBRL Case Study: Are Big Companies Paying their Fair Share?

By Christine Cheng*, Assistant Professor, Patterson School of Accountancy at University of Mississippi; and Campbell Pryde, President and CEO, XBRL US Resources Teaching Case (PDF) Data script (Python) XBRL API provisioning Academic Member Benefits Controversial questions require the right dataset. Case studies are often the best tool for students to learn how to untangle the […more]

Consistency + Change = Opportunity

By David Tauriello, Vice President of Operations, XBRL US “… consistency is the hobgoblin of little minds … “ -Ralph Waldo Emerson As Emerson suggested, consistency in thought can limit imagination and innovation – consistency in data is a different story altogether. In the last six months, the global financial data environment has seen an […more]

Working with SEC Data for Analysts

1:00 PM ET Monday, October 25, 2021
XBRL US Webinar
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Learn how to work with highly detailed, structured SEC reporting data during this 60-minute session. Find out how “normalization”  structures as-reported data in accordance with a set of norms to reduce data redundancy and improve data integrity, so that all the data looks and reads the same way across records in a relational database.