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XBRL US announced its support for the SEC order permitting inline XBRL submissions for public companies and scheduled two free webinars featuring SEC staff to help issuers and vendors prepare for inline XBRL.
The latest: SEC Announces Voluntary Inline XBRL Filings Third Annual DATA Act Summit: A Critical Tipping Point Reached, but Big Challenges Remain to be Solved in 2017 Watch the Morning Sessions from DATA Act Summit Read Former OMB Director Shelley Metzenbaum’s Keynote Speech from DATA Act Summit
The SEC has released new rules that allow companies to voluntarily file data in the Inline XBRL format. This milestone shows the value that the SEC places on XBRL data, data quality, and reducing the regulatory burden.
Certent Disclosure Management will provide companies the ability to create and submit Inline XBRL documents in time for the September 30, 2016 filing season. The platform’s integration of Inline XBRL will allow clients to easily incorporate the creation of the new Inline XBRL document into their existing SEC submission process.
The Securities and Exchange Commission announced it will allow companies to voluntarily file structured financial statement data in the Inline XBRL data format, a technology that is freely licensed and made available by XBRL International. This initiative represents another step in the SEC’s continuing efforts to modernize and enhance its requirements to facilitate transparency of, and […more]
Historical data is always useful to good financial analysis, so Calcbench has decided to serve up a bunch more of it to our customers. When researching a company (through the Company in Detail page), you can now use our Show All History feature to see all line items the company has disclosed—including line items a […more]
Workiva, creator of the Wdesk cloud-based productivity platform for enterprises, today announced that Gartner, Inc. has positioned Workiva as a Leader in its May 31, 2016 Magic Quadrant* for Financial Corporate Performance Management Solutions (FCPM). Gartner’s FCPM market includes solutions in financial consolidation, financial reporting, management reporting, costing and forecasting, reconciliations/close management, intercompany transactions and […more]
The XBRL US Data Quality Committee reports that by using its first set of validation rules, filers reduced the number of errors in their filings for the data covered by those rules by 64%, Q1 2016 versus Q1 2015.
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 […more]
Under the Securities Act of 1933, the offer and sale of securities must be registered unless an exemption from registration is available. Title III of the Jumpstart Our Business Startups (JOBS) Act of 2012 added Securities Act Section 4(a)(6) that provides an exemption from registration for certain crowdfunding transactions. In 2015, the Commission adopted Regulation […more]
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