Components of a Financial Data Standard

Campbell Pryde, President and CEO, XBRL US

UPC codes. Shipping containers. Most people understand that the introduction of these kinds of standards revolutionized an existing process, making it better, faster, cheaper, by establishing a single method of doing something that is used by many. UPC codes made it possible to track purchasing habits worldwide. Shipping containers dramatically reduced the cost and time involved in shipping goods cross-country. Financial data standards can be similarly revolutionary – reducing processing costs, enabling automation and greater timeliness, providing for validation checks to improve accuracy.


XBRL US & ConsenSys Form A Working Group To Develop Blockchain Tokenization Standards

XBRL US and ConsenSys, a blockchain technology company, announced the formation of a working group to develop standards for tokenization of assets on the blockchain. A token is a digital representation of an asset, e.g., debt, equity, cash or a physical asset (i.e. a vehicle or a piece of artwork).


Pension fund reporting – a process ripe for standardization

Every once in awhile a data collection process comes along that is ripe for standardization – the Department of Labor’s (DOL) Form 5500 Annual Report for pension fund data is one such system. The DOL’s Employee Benefits Securities Administration (EBSA) published proposal to modernize the data collection process of the annual report and corresponding schedules, with an eye towards giving data users the ability to perform better analysis of individual plans, multi-plan comparisons and trends; aid the agencies efforts at enforcement and at monitoring compliance issues; assist auditors; and provide new research opportunities.


Better Analysis with Better Data: XBRL Investor Tools

3 PM EDT Wednesday, January 11, 2017
XBRL US Webinar
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See demonstrations of new tools capitalizing on the richness of structured data and join a moderated discussion to learn about additional financial data that would benefit from a structured format, data quality issues and how they’re being addressed by the industry and within these tools.


A Vision for Data at the SEC – Commissioner Kara Stein

Remarks made at the Big Data Conference on “A Vision for Data at the SEC” reiterating her suggestion that the SEC create a Digital Disclosure Task Force to develop a strategy for how the SEC acquires and provides data to investors and market participants. She also suggests that the SEC should create a new “Office […more]


Investor View on Data & Technology: Findings from CFA Institute Study

3 PM EDT Wednesday, November 9, 2016
XBRL US Webinar
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Find out how analysts view the role of technology and data standards like XBRL during this 60-minute webinar with the CFA Institute’s Mohini Singh, Director of Financial Reporting Policy.


SEC Investor Advocate Rick Fleming to Keynote XBRL US Investor Forum, October 24 in New York

Investors, data providers, regulators and the media to cover how to use structured financial data XBRL US announced today that it will hold a half-day forum for investors, analysts, regulators, data and analytical tool providers, Finding Value with Smart Data. The forum, which is free to the public, is hosted by Baruch College’s Zicklin School […more]


XBRL US Joins SunSpec Alliance to Develop Data Standards for Solar Industry

XBRL US joins a SunSpec Alliance project team establishing data standards as part of the Department of Energy’s Orange Button program to make it easier to aggregate and share solar data, facilitating more efficient and cost-effective financing of distributed energy projects.


Workiva XBRL Essentials Training

7:30 AM - 5:30 PM Thursday, May 26, 2016
Training || NetCom Learning hosted by Workiva
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Workiva, the SEC reporting solution market leader with the highest volume of XBRL facts filed, is hosting an XBRL training provided by experts for a day-long workshop of CPE learning. Participants of the training will be taken from the fundamentals of XBRL through the steps towards ensuring data quality in your filing. You will learn: […more]


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Single Initiative Membership

Single Initiative Membership gives specialized teams within large organizations the ability to participate on a designated XBRL US program. Current initiatives include:

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