Items tagged with "transparency"

Data Amplified 2018

Tuesday, November 13 - Thursday, November 15, 2018
XBRL International Conference || InterContinental Dubai - Festival City
Get details and register

The Future of Business Reporting Expanding analytics, big data, AI and machine learning technologies are opening up brand new opportunities. Collaboration on definitions, identity and data exchange has never been more important. On top of that, the XBRL standard itself is modernizing. Top flight keynotes, exceptional networking and the opportunity to shape the agenda for […more]


Newsletter for the Business Reporting Standard

May/June 2018 Regulatory and Legislative News SEC Adopts Inline XBRL for Operating Companies and Mutual Funds SEC Publishes Draft Strategic Plan for 2018 – 2022 SEC Requests Comment on Fund Retail Investor Experience and Disclosure SEC Requests Comment on Proposal to Require Relationship Summary for Retail Investors SEC’s Baugess Speech at Financial Information Management Conference […more]


US Public Companies Need to Stay Relevant In a Digital Age

John Turner, CEO, XBRL International

US lawmakers should reject the suggestion that smaller listed companies’ Fintech-friendly data be replaced with paper. It would be like telling smaller film makers that they can’t use Netflix anymore, but instead need to market their work on VHS tape.


Approved Guidance & Validation Rules

In May, 2018, the Data Quality Committee – a collaborative of public companies, providers and data users working to improve standardized financial reporting – approved freely-available rules and guidance to help filers using US GAAP and IFRS Taxonomies supported by the US Securities and Exchange Commission detect and resolve inconsistencies or errors in XBRL-formatted financial data. Several tools are certified for implementation of the approved rules.


March/April Newsletter

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]


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.