Lou Rohman, vice president of XBRL services at Merrill Corporation, a member of XBRL US’s Data Quality Committee, recommends that financial statement preparers take a closer look at the guidance being issued by his committee. Documents on the committee’s website provide guidance and validation rules that should be used for the filings.
"The SEC gets the information and puts it in a database and then users come in to use it," he said. "The challenge is getting clean, good data in that database. That’s always going to be an issue. Any database has errors in the data."
Upcoming XBRL US Events
Center for Data Quality Committee Meeting
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
