Items tagged with "data quality"

XBRL US Data Quality Committee Launches Public Review for 9th Ruleset

SEC filers, investors, XBRL providers encouraged to review and comment The XBRL US Data Quality Committee (DQC) has published its 9th Ruleset for a 45-day public review and comment period, which closes on June 15, 2019. In addition to expanding on many existing rules, the latest ruleset contains a new category of checks that evaluates […more]


Public Exposure for Comment – Data Quality Committee Rules

Wednesday, May 1 - Saturday, June 15, 2019
Data Quality Committee Public Review
Read about rules and comment

The XBRL US Center for Data Quality kicked off its ninth public exposure period on May 1 and the comment period closes on June 15, 2019. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on one new automated validation Rule – Sibling Child Relationships. Investors, analysts, public company […more]


CFA Institute on XBRL and Audit

In a recent blog post from the CFA Institute, Mohini Singh, ACA, Director of Financial Reporting, commented that with the mandate to use Inline XBRL for corporate filings in the United States and in Europe, it is time to begin considering audit for the XBRL version of the filing. The blog points out that: “Only […more]


Center for Data Quality Committee Meeting

9:00 AM - Noon Tuesday, April 23, 2019
XBRL US Meeting, Web Conference

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.


CFA Institute Podcast – Structured Data, Artificial Intelligence, and Blockchain: What Will the Future Bring?

To hear CFA Institute perspectives on how technology is driving changes in corporate reporting, listen to this podcast of Mohini Singh, ACA, Director of Financial Reporting Policy at CFA Institute, in conversation with the UK Financial Reporting Council on: how investors use structured data; how data providers pull XBRL data from filings, normalize and clean […more]


XBRL US Data Quality Committee Approves 7th Ruleset

8th Ruleset published for public review and comment period The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 7th Ruleset which includes 13 types of validation checks for filings prepared using the US GAAP Financial Reporting Taxonomy as well as two guidance documents. The DQC also published an 8th Ruleset for […more]


Public Exposure for Comment – Data Quality Committee Rules

Monday, December 17 - Friday, February 1, 2019
XBRL US Public Review
Read about rules and comment

The XBRL US Center for Data Quality kicked off its eighth public exposure period on December 17 and the comment period closes on February 1, 2019. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on two new automated validation Rules – Member Extensions and Negative Values (for IFRS […more]


The right tools for when it absolutely, positively, has to be done right.

Ami Beers, Director — Assurance and Advisory Services, Corporate Reporting, Association of International Certified Professional Accountants (AICPA); Member, XBRL US Data Quality Committee

Preparing a perfect turkey is critical for a successful Thanksgiving. Preparing quarterly financial statements is another activity where “getting it right” is critical. The risk of mistakes has significant downsides, ranging from SEC sanction to negatively affecting your company stock price.


White Paper: XBRL US Center for Data Quality, an industry initiative for the common good

XBRL US white paper “XBRL US Center for Data Quality, an industry initiative for the common good”, details timeline, milestone and accomplishments to date including significant reduction in errors, greater engagement with regulators and expanding usage of XBRL data.


XBRL US Announces RDG Filings 2019 Support for Center for Data Quality

XBRL US announced today that RDG Filings, a full service XBRL preparation and provider of disclosure management tools, has renewed their membership in the XBRL US Center for Data Quality for 2019. The Center for Data Quality is an industry-driven collaborative with a mission to address the public’s concerns about the quality and usability of […more]