Items tagged with "transparency"

Newsletter for the Business Reporting Standard

March/April 2018 Regulatory and Legislative News Google’s BigQuery Now Hosting SEC Data SEC Proposal on Investment Company Liquidity Measures Out for Public Comment SEC Posts FAQ on the IFRS Notice SEC Updates Interactive Data Test Suite SEC Supports the 2018 XBRL Taxonomies XBRL US News XBRL US Domain Steering Committee Closes Public Review for Draft […more]


January/February Newsletter

January/February 2018 XBRL US News Final Public Review Launched for Orange Button Solar Finance Taxonomy Join the XBRL API Beta Test Group Replays of Recent Webinars Now Available Point of View: What’s in Your Corporate Family Tree? Recent Point of View Topics Register to Attend XBRL US Data Quality Committee Meeting, Wednesday, March 14 at […more]


Approved Guidance & Validation Rules

The Data Quality Committee – a collaborative of public companies, providers and data users working to improve standardized financial reporting – approved rules and guidance for the Statement of Cash Flows in October 2017. Version 5.1.0 of these freely-available resources was released in February 2018, to help public companies detect inconsistencies or errors in XBRL-formatted financial data.


November/December 2017 Newsletter

November/December, 2017 Regulatory & Legislative News SEC Publishes XBRL Datasets for Mutual Fund Risk/Return Data XBRL US News XBRL US Submits Letter to SEC on FAST Act Modernization and Simplification of Regulation S-K CFA View on Standards, Webinar Scheduled for January 10, 2018 XBRL Tagging in IFRS, Webinar Scheduled for January 31, 2018 Video Recording […more]


Keep Calm and Check Your Work!

Lou Rohman, Vice President, XBRL Services, Merrill Corporation; Chair, XBRL US Data Quality Committee

Accountants are sticklers for checking their work. They rely on disclosure and accounting checklists, and now on Data Quality Rules to catch errors in their XBRL financials. The XBRL US Data Quality Committee also performs periodic checks on their own work, and have proof that their rules and guidance are improving the accuracy of corporate XBRL financials.


October 2017 Newsletter

September/October, 2017 Regulatory & Legislative News SEC Proposes XBRL Requirement for Corporate Financial Statement Cover Pages SEC Updates Interactive Data Test Suite with IFRS Test Cases SEC Updates Interactive Data Test Suite to Accommodate Files Prior to EDGAR Submission XBRL US News XBRL US and SunSpec Alliance Hold Orange Button Public Review SFAA and NASBP […more]


XBRL. A Free & Open Reporting Standard.

Michelle Savage, Vice President, Communication, XBRL US

The XBRL standard is a free, open, non-proprietary, financial data standard, developed and maintained by a global, not-for-profit standards body. Free and open standards are critical for governments and businesses looking to adopt a standard.


August 2017 Newsletter

August 2017   Regulatory & Legislative News IASB Published Proposed Changes to IFRS Taxonomy for Public Review SEC Publishes Public Company Datasets, Now Including Notes SEC Posts Further Guidance on Signage in XBRL Tagging XBRL US News XBRL Investor Forum: Smart Data, Better Results, Set for November 1, New York City Data Quality Committee (DQC) […more]


June 2017 Newsletter

June 2017   Regulatory & Legislative News FASB Publishes Invitation to Comment on Effectiveness of US GAAP Financial Reporting Taxonomy SEC Extends Deadline for Comment Letters on Industry Guide 3 (Statistical Disclosure by Bank Holding Companies) XBRL US News XBRL Achievements Program Helps Identify XBRL Skillsets New Case Study Published: How Little Companies Get Big, […more]


April 2017 Newsletter

April 2017 Regulatory & Legislative News May 16 Deadline Set for Comments to SEC Rule Proposal on Inline XBRL SEC Proposes Changes to Industry Guide 3 (Statistical Disclosure by Bank Holding Companies) XBRL US News Webinar: SEC Notice on IFRS Taxonomy: What It Means for FPIs, XBRL Providers & Data Users, April 5 Point of […more]