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.

Consistency + Change = Opportunity

By David Tauriello, Vice President of Operations, XBRL US “… consistency is the hobgoblin of little minds … “ -Ralph Waldo Emerson As Emerson suggested, consistency in thought can limit imagination and innovation – consistency in data is a different story altogether. In the last six months, the global financial data environment has seen an […more]

Earlier (2021)

Are XBRL data better at predicting future stock returns?

By Steven Huddart, Smeal College of Business, Penn State University

The flexibility, timeliness, and granularity of freely available, as-filed XBRL data has advantages that sophisticated data users should consider.

Earlier (2021)

ESEF Rollout Underway – Get Machine-readable Filings Here

Campbell Pryde, President and CEO, XBRL US

The EU and UK rollout of ESEF (Inline XBRL) has begun, with filings from companies in Austria, Estonia, Finland, France, the Netherlands, Spain, and the UK, among others. We’ve started posting these valuable, machine-readable filings on XBRL US.

Earlier (2021)

Beat the clock on earnings day.

Gladimyr Sully, Financial Data & Analysis, idaciti; Christine Tan, Co-founder and Chief Research Officer, idaciti; and Elaine Zhang, Financial Data Analyst, idaciti

Analysts and investors race to beat the clock on earnings day. What if earnings announcements were machine-readable?

Earlier (2021)

SEC BETA EDGAR Helps Vendors and Issuers

By John Truzzolino, Chair, XBRL US Regulatory Modernization Working Group, and Director, Donnelley Financial Services (DFIN); with members of the Working Group

We appreciate the helping hand offered by the Commission to take concrete steps to improve the efficiencies of the EDGAR system, and to work in partnership with vendors and issuers to improve communication, and provide the market with tools that can reduce friction in the processing of time-sensitive, market-moving filings.