Overview The XBRL US Database of Public Filings is a Postgres resource that stores data produced in an XBRL format. The database mirrors the structure of the XBRL standard so that an XBRL instance document and associated schema can be loaded and stored. This structure makes it very flexible for use in any XBRL data […more]
In this issue:
- Reading the tea leaves of net income in Q4
- R&D Spending on the Rise, 2013-2016
- Long look at banking sector interest income
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 […more]
In this issue:
- An early look at 2016 annual reports
- Operating margins at large filers, 2013-2016
- Share repurchase programs, through Q3 2016
March 2017 Regulatory & Legislative News SEC Proposes Rule to Require Inline XBRL for Public Companies SEC Publishes Notice of Availability of the IFRS Taxonomy XBRL US News XBRL US Commends SEC Vote to Propose Requiring Inline XBRL for Public Companies Free webinar: Standards to Automate Processing for Contractors, Agents & Sureties, March 29, […more]
In this issue:
- U.S vs International Sales at Large Filers.
- Early look at large banks’ 2016 revenue streams.
- Revenue and PPE trends in retail.
- Sizing the FCPA pipeline.
- FASB proposes tweaks to debt classification.
- Look, a non-GAAP enforcement action!
January 2017 Regulatory & Legislative News ESMA Announces Inline XBRL Requirement Securities and Exchange Commission Publishes Updated EDGAR Filer Manual Securities and Exchange Commission Updates Inline XBRL Viewer XBRL US News 3rd Set of Approved Data Quality Committee Rules Published Covering Over 3,300 US GAAP Concepts XBRL US and Consensys Form Working Group to […more]
The Data Quality Committee – a collaborative of public companies, service providers and others working to improve standardized financial reporting – published version 3.2 in March, 2017. These freely-available resources help public companies detect inconsistencies or errors in their XBRL-formatted financial data.
Several tools are certified for implementation of the approved rules.
In this issue: Walmart anti-corruption costs. Walmart has been mired in a long-running investigation of possible bribery to secure permits in Mexico, India, and elsewhere. Just how much money has this cost the world’s largest company since the investigation began in 2011? At least $820 million—a number you can find quickly and easily in the […more]
The Australian government and business saves $1.1 billion every year thanks to a program introduced seven years ago that brought financial data standards into the business to government reporting process. Translated to the American economy, which has a GDP 10 times the size of Australia, the adoption of the right format, information and identifiers – a financial data standard – has the potential to create $11 billion in savings across the US economy.