Get the latest news and information about XBRL in the United States. We're also on Twitter with breaking news - twitter.com/xbrlus, and updated event listings - twitter.com/xbrlevents.
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SEC Reporting || Industries || Government || Using Data
XBRL US position paper published “Reduce Company Burden, Cut Government Spending – Standardize Financial Data Reporting Requirements” which recommends adopting the freely available, open XBRL data standard for all financial data reporting required by U.S. regulators. Only the XBRL standard has 1) the appropriate format to render data computer-readable; 2) the appropriate information component to […more]
XBRL US submits comment letter supporting the SEC proposal on transitioning operating companies and mutual funds to Inline XBRL and provides feedback on challenges that should be considered when setting timing for the start date of the proposal.
Altova announced the release of MobileTogether 3.2, its cross-platform mobile development framework. This release introduces over 18 important new features for building sophisticated, data-centric mobile apps. Highlights include support for NFC (near field communication), the ability to access mobile device contacts, text-to-speech functionality, numerous enhancements for table and chart creation, and much more. “With each […more]
In this issue:
Standards have been used to successfully automate the collection of data for surety underwriting which historically has been a highly manual process. XBRL was used to enable the consistent and accurate consumption of financial data from contractors into a surety’s financial database, helping to streamline contractor access to credit and increase underwriting efficiency.
XBRL US strongly opposes Section 411 of Subsection C of Title IV in the Financial CHOICE Act, a provision to exempt small companies from XBRL filing and which will have significant negative repercussions on both Wall Street and Main Street. Read the XBRL US argument on Section 411 in a letter to the House Financial Services Committee.
In this issue:
Altova announced the release of Version 2017 Release 3 of its MissionKit desktop developer tools and server software products. This release includes new revolutionary back-mapping of XSLT and XQuery output in XMLSpy, a powerful new ‘join’ component for data mapping in MapForce, and the ability to convert a StyleVision design to a MobileTogether mobile app […more]
In this issue:
New rule would improve efficiency of SEC filing XBRL US today applauded the unanimous vote by the Securities and Exchange Commission (SEC) to publish a rule proposal requiring public companies to submit their periodic financial statements and footnotes using Inline XBRL. The Inline XBRL submission would replace the current practice of dual XBRL and HTML […more]
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