XBRL US member PwC recently published an article, “The Competitive Advantage of Quality XBRL Data”, which articulates the value of XBRL data, particularly in times like these when automation and technology become even more important to aid in analyzing data and making rapid, insightful decisions. It also calls for the need for a robust data quality process for XBRL tagging and points out the value of XBRL US Data Quality Committee rules in helping filers. The articles points out common errors and the potential impact of those errors on filers and their stakeholders.
Read the article.
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Standard Government Reporting Work Group Meeting
AI Meets Auditing: Build Smarter Accounting Estimates with Multi-Agent LLMs
Reporting Modernization Work Group Meeting
Communications & Services Steering Committee Meeting
Domain Steering Committee Meeting
States Step In: Corporate Climate Reporting
AI and Structured Data Forum: Optimizing Performance
