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Latest News

Wednesday, February 24, 2016

Merrill Corporation’s Mike Schlanger Elected Vice Chairman of XBRL US Board of Directors

Merrill Corporation, a global provider of secure content sharing, regulated communications and disclosure services, announced that Mike Schlanger, an XBRL industry leader and member of the XBRL US Board of Directors since 2009, has been elected to serve as Vice Chairman of the XBRL US Board. His appointment is effective immediately. Read the release

News
Tuesday, February 16, 2016

Data Quality Committee re: Proposed Rule on Disclosure of Payments by Resource Extraction Issuers

This letter to US SEC provides comments regarding Question 60 of the Proposed Rule on Disclosure of Payments by Resource Extraction Issuers.

Tuesday, February 2, 2016

Calcbench Newsletter (February 2016)

10-K Season is Here! The first few months of the calendar year are when most financial analysts prepare to start crunching data from companies filing their prior year’s statements. Through its Earnings Indicator, Calcbench is already tracking fourth-quarter results disclosed by 313 companies as of Feb. 1. So far that group has seen revenue up 1 […more]

News
Wednesday, January 27, 2016

Data Quality Committee re: EDGAR and iXBRL

This letter to US SEC re: EDGAR and iXBRL provides comments regarding changes to the validation and rendering of XBRL exhibits during the EDGAR submission process and the potential implementation of inline XBRL (iXBRL) for XBRL exhibits.

FEI Daily: The XBRL US Center For Data Quality: How It Will Help Filers Produce Accurate XBRL Disclosures

Mistakes in XBRL-tagged (eXtensible Business Reporting Language) financial disclosures remain a major concern for companies, the U.S. Securities and Exchange Commission and the market. To help filers tag XBRL data accurately XBRL US and several major companies have established the XBRL US Center for Data Quality. This initiative seeks to address public concerns about XBRL and improve […more]

Tuesday, January 26, 2016

New SEC Interactive Disclosure FAQ Question – E.27

What are the conditions for determining when a calculation relationship is required? The Commission’s rules require filers to include calculation relationships for certain contributing line item elements for financial statements and related footnotes. Read More – http://www.sec.gov/spotlight/xbrl/staff-interps.shtml#E.27

News
Thursday, January 7, 2016

XBRL US Announces Public Review of Taxonomy to Improve Surety Bond Processing

XBRL US announced the start of a 60-day public review of the Work in Process (WIP) Taxonomy, developed to evaluate how structured data can streamline surety underwriting data processing to reduce costs and increase timeliness and consistency. AIG, Travelers and Zurich Insurance join to sponsor the program, along with early entries GALLINA LLP, Liberty Mutual and the NASBP.

Thursday, December 17, 2015

FASB Announces Availability of 2016 GAAP Financial Reporting Taxonomy Pending SEC Acceptance

The Financial Accounting Standards Board (FASB) today announced the availability of the 2016 GAAP Financial Reporting Taxonomy (Taxonomy) pending final acceptance by the U.S. Securities and Exchange Commission (SEC). The FASB staff is responsible for the ongoing development and maintenance of the Taxonomy applicable to public issuers registered with the SEC. The GAAP Financial Reporting […more]

Wednesday, December 16, 2015

Altova Publishes New Company Financials App for Android, iOS and Windows

Altova just published the free Company Financials App for iOS, Android, Windows Phone, and Windows 8.1/10 that lets you explore and analyze US public company high-level financial reports automatically extracted from XBRL filings in the SEC’s EDGAR database. You can search by company name or stock ticker symbol and view the financial reports of the […more]

Friday, December 11, 2015

New RaptorXML Scripts Added: XBRL US DQC Rules, EFM V35 and EBA Filing Rules

Altova is a member of XBRL US and has recently joined the XBRL US Center for Data Quality to support the Data Quality Committee’s initiative to address the public’s concerns about the quality and usability of XBRL financial data filed with the SEC. As such, we are pleased to announce that we have just released […more]


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