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.
Updates by topic:
SEC Reporting || Industries || Government || Using Data
On December 20, 2017, XBRL US submitted a comment letter in response to the Securities and Exchange Commission proposal FAST Act Modernization and Simplification of Regulation S-K. Key recommendations made in the letter include: Require the use of the LEI for those registrants that currently maintain an LEI. Require the LEI to be tagged using Inline […more]
In this issue:
In this issue:
This Novaworks article recaps a presentation & audience discussion with Michelle Savage, Vice President of Communication for XBRL US, and Scott Theis, CEO of Novaworks, LLC and Chairman of XBRL US’s Domain Steering Committee, on the proposed development of an XBRL taxonomy to represent the data held within the release, which could be beneficial to […more]
This Novaworks article recaps CFA’s Investor Forum 2017, where a panel of industry experts discussed case studies that illustrate XBRL’s use in accounting and financial reporting and the rationale behind its adoption. This panel discussed different ways in which XBRL is employed in the financial sector.
Today Altova® (http://www.altova.com) announced new features in the 2.0 release of MobileTogether, its paradigm shifting mobile development framework for multi-platform, data-centric apps. What’s revolutionary about MobileTogether? Using your in-house developers with no mobile development experience necessary, you can create sophisticated, native apps for all platforms in record time: anywhere from a couple days to a […more]
Today Altova® (http://www.altova.com) announced added support for a number of XBRL-related standards in Version 2020 of RaptorXML+XBRL Server. Adding to comprehensive support for numerous XBRL standards, the high-performance XBRL server now supports Data Types Registry (DTR) and Extensible Enumerations 2.0, and includes a complete XULE processor for ensuring your XBRL filings maintain consistency and are […more]
In this issue:
XBRL US announced that the Data Quality Committee (DQC) has published guidance for tagging the Statement of Cash Flow, along with two new automated rulesets, to help issuers prepare their XBRL financial statements, in addition, to Guiding Principles for Element Selection.
XBRL US announced the start of its 14th Public Exposure of Data Quality rules, and the approval of the 13th Ruleset. The Committee is responsible for developing guidance and validation rules that can prevent or detect inconsistencies or errors in XBRL data filed with the SEC and focuses on data quality issues that adversely affect data analysis.
Despite its presence and use for several years now, XBRL has not achieved its full potential for either investors or companies in the United States. One reason is that companies continue to see structured data as a compliance and cost burden, and they have shared these views with regulators. Securities regulators worldwide are examining costs […more]
The national consortium for
the business reporting standard
Comment
You must be logged in to post a comment.