Preparing a perfect turkey is critical for a successful Thanksgiving. Preparing quarterly financial statements is another activity where “getting it right” is critical. The risk of mistakes has significant downsides, ranging from SEC sanction to negatively affecting your company stock price.
State CAFRs and Annual Financial Reports in standardized, computer-readable format will improve the ability to collect, aggregate, and analyze data, giving investors and policymakers the ability to make more timely, better decisions, while reducing the cost of data collection and analysis.
US lawmakers should reject the suggestion that smaller listed companies’ Fintech-friendly data be replaced with paper. It would be like telling smaller film makers that they can’t use Netflix anymore, but instead need to market their work on VHS tape.
The United States Securities and Exchange Commission is transitioning XBRL taxonomy web sites to HTTPS from HTTP.
Find out what you need to know about the changes.
Trust. It’s one of the most important considerations when hiring a guide to lead a challenging mountain climb. The same is true with developing standards. Only a specialist with the right skillset and experience can help build a good quality taxonomy or XBRL instance document. Find the right people through XBRL Achievements.
The national consortium for
the business reporting standard
