Items tagged with "data quality"

2017 GAAP Financial Reporting Taxonomy Improvements and SEC Update

1:00 PM EDT Tuesday, March 28, 2017
Webinar hosted by FASB
Get details and register

The upcoming webcast will discuss the 2017 GAAP Taxonomy Release and cover enhancements that improve usability and include an update on current XBRL initiatives from the U.S. Securities and Exchange Commission (SEC) staff. Topics that are expected to be discussed include: Update from the SEC staff Overview of the 2017 Taxonomy Release with a focus […more]


Center for Data Quality Committee Meeting

10:00 AM - 5:00 PM ET Wednesday, April 19, 2017
XBRL US Meeting, Web Conference
Register to attend online

At this meeting, industry leaders will participate in discussions and plans for developing guidance and rules for use by public companies complying with the XBRL requirements of the US Securities and Exchange Commission. Learn about the Data Quality Committee.


Three New Year’s resolutions for public company filers

Mike Starr, Chair, XBRL US Data Quality Committee; Vice President, Governmental and Regulatory Affairs, Workiva

As we begin a brand new year, it’s always good to make a few resolutions that go beyond joining a health club, eating right and losing weight. So we have three recommendations to add to your list of resolutions. The first is get involved in industry efforts to improve the usability of XBRL data submitted to the SEC. It won’t require a lot of effort and you will receive some important benefits. For a small investment of your time, you will be on the forefront of imminent, groundbreaking regulatory changes, and you will be able to reduce your workload while significantly improving the quality of your XBRL financial data submitted to the SEC.


Data Quality Committee Announces 3rd Set of Approved Rules Covering Over 3,300 US GAAP Concepts

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.


Approved Guidance & Validation Rules

Version 3 of the freely-available rules and guidance developed by an industry collaborative and effective January 1, 2017 helps public companies detect inconsistencies or errors in their XBRL-formatted financial data.

Several tools are certified for implementation of the approved rules.


Center for Data Quality Committee Meeting

3:00 PM ET Wednesday, February 15, 2017
XBRL US Meeting, Webinar

At this meeting, industry leaders will participate in discussions and plans for developing guidance and rules for use by public companies complying with the XBRL requirements of the US Securities and Exchange Commission. Learn about the Data Quality Committee.


Research & Data

Browse this growing collection of case studies, white papers and resources documenting the significance of the business reporting data standard, or dig and discover what’s in the data with tools and services like our Data Analysis Toolkit that bring near real-time analysis to your desktop or device.


A Vision for Data at the SEC – Commissioner Kara Stein

Remarks made at the Big Data Conference on “A Vision for Data at the SEC” reiterating her suggestion that the SEC create a Digital Disclosure Task Force to develop a strategy for how the SEC acquires and provides data to investors and market participants. She also suggests that the SEC should create a new “Office […more]


XBRL US Data Quality Committee Announces Publication of 2nd Set of Approved Rules and Guidance

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 Data Quality Committee Announces Third Public Review Affecting 3000+ US GAAP Elements

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.