Point of View is a forum for opinions and thoughts from XBRL US and the XBRL community about business, industry, finance, regulation and legislation, where data standards can play a role. We welcome your feedback on the XBRL point of view.

Morningstar Video: The Importance of Financial Data for Stock Research

Morningstar’s Jo Guo discusses the importance of financial fundamentals to stock research and why every public company should report the same information in the same fashion in this 8 minute video. She also covers why investors should determine what data is reported and how that data is reported, not the public companies themselves. And finally […more]

Earlier (2015)

CalCPA blog: “How Important Are Your XBRL Financials?”

Read a recent California Society of CPAs blog article authored by XBRL US CEO Campbell Pryde on the importance of ensuring good quality in XBRL financials. http://blog.calcpa.org/how-important-are-your-xbrl-financials

Earlier (2015)

XBRL US Submits Comment on SEC Investment Company Modernization Proposal

In response to the SEC proposal on Investment Company Modernization, XBRL US submitted a comment letter on August 11, explaining the value of XBRL over XML as a more appropriate standard for the data investment companies would be required to submit. The SEC proposal recommends that two new forms be introduced to replace existing forms […more]

Earlier (2014)

XBRL US Response to US Treasury RFI

XBRL US and XBRL International provided a joint response to the U.S. Treasury’s Request for Information on FISCAL DOCKET 2014-0004 concerning the use of standards for government reporting.

Earlier (2014)

Remarks from XBRL US CEO on Data Transparency at US Treasury Town Hall

Campbell Pryde, President and CEO of XBRL US provided testimony at a Town Hall meeting conducted by U.S. Treasury on the use of standards for government reporting.