Data from U.S. public companies has been produced in machine-readable format for over ten years. But data from U.S. federal, state and local governments is still posted in paper-based documents. Governments should be as accountable to taxpayers as corporations are to shareholders.
Items tagged with "standards"
Thank You, Members of XBRL US
Campbell Pryde, President and CEO, XBRL US
Much was accomplished in 2020, in large part thanks to our members. Their work sets the stage for an exciting 2021.
Thousands of small businesses seek funding to protect workers and livelihoods. What’s needed now is a single set of standards to collect, process, and analyze loan data. Follow these 5 steps to build a system that can execute cost-effectively, efficiently, rapidly.
The FERC rule proposal noted “The XBRL standard also offers flexible benefits, including the ability to support simple formulas such as addition and subtraction and allow more complex formulas to be defined with a set of guidelines… requiring XBRL-based data would also lead to greater data quality through easier validation checks.”
DQC Rules are now available in the FASB US GAAP Taxonomy. Shouldn’t every SEC filer use them?
On January 21, 2020, the Federal Energy Regulatory Commission (FERC) announced plans to extend the public review period by 45 days because of a request for more time from industry representatives. The review period will now close on March 2, 2020. In addition, the technical conference, which will be open to vendors, issuers and the […more]
The FASB approach to incorporating new ASUs into XBRL data standards.
The Federal Energy Regulatory Commission (FERC) announced that the initial draft of the FERC Taxonomy, which the Commission has been developing for entities filing FERC forms 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 6-Q, 60 and 714, is now available, along with supporting documents, at https://www.ferc.gov/docs-filing/forms/forms-refresh.asp. The taxonomy can be viewed in […more]
Novaworks LLC posted a blog describing the newly released Taxonomy Development Handbook (TDH). Read the blog. Access the TDH and participate in the public review.