Browse our collection of infographics by tag/topic

Blockchain

May 2016

Data Standards Make Blockchain Applications Smarter

Changes in financial data, e.g., debt coverage ratios or loan to value ratios, trigger the execution of loan covenants in the contract. If data standards are used, smart contracts can automatically update the blockchain with payable and receivable information. No human intervention is required.


Standard Business Reporting (SBR)

Jan 2017

How To Save Billions in Govt Spending

Standard Business Reporting (SBR) is an essential strategy for governments looking to reduce spending and improve access to information.

  • Standardize
  • Streamline
  • $ave

Dec 2016

Primer: Financial Data Standards

Need the 411 on what makes for a rock-solid financial data standard? We’ve developed an easy to follow piece to help you evaluate what’s involved, so you can be sure your efforts will yield data that is comprehensive, comparable, interoperable and effective.


Dec 2016

Problems with Business to Govt Reporting

Separate agency-by-agency data requirements have consequences for everyone. Cut government spending. Reduce business burden. Adopt XBRL.


Surety

May 2017

Streamline Data Collection in Surety Underwriting

The clock is ticking toward modernization as sureties embrace the Work in Process Taxonomy to save thousands of hours of data entry, while improving their own analysis and giving contractors faster access to credit.


Use Cases

Jan 2017

How Auditors Use Structured Data & Why

Auditors evaluate the reasonableness of client projections such as future revenue growth, profitability and capital expenditure requirements. To evaluate the reasonableness of these projections, BDO USA, LLP often looks at data from similar companies within the same industry. XBRL allowed them to perform a more robust analysis with more companies over a significantly shorter time period.


Jan 2017

How Research Analysts Use Structured Data & Why

Research analysts at Accounting Observer saved 72 hours off data collection time when analyzing unremitted foreign earnings for Fortune 500 companies, compared to their process using traditional datasets.


Jan 2017

How Students Use Structured Data & Why

Student-run investment fund at California State University – Northridge gained access to affordable, more timely data through XBRL. Professor Mike Phillips noted “By using XBRL data, students added 100 basis points per year to the returns on their portfolio.”


Jan 2017

How Third Party Data Providers Use Structured Data & Why

Global investment research and investment management firm Morningstar has been able to reduce processing time by 90% versus processing HTML and PDF processing, which can take 20 – 30 minutes per filing.


Jan 2017

Who’s Using Structured Data and Why?

Research Analysts || Third-party Data Providers || Auditors || Students to name a few … it’s probably time you got involved, too.


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