XBRL can be used for numerous business reporting applications including public company financial statements, regulatory reporting, even tracking and valuing of mortgage-backed securities.

Below is the library of case studies, white papers and other research conducted by XBRL US with support from member and non-member organizations.


  • Supporting ESG Data with Standards

    Executive Summary Data used for investment decisions, policy-setting and risk assessment should be made available in non-proprietary machine-readable formats. Current best practices for disclosures as machine-readable data have improved quality, reduced the cost of processing, and improved timeliness and usability of reported data. Prepared by: XBRL US ESG Working Group chaired by: Anna Kwok, Vice [...more] || posted April 1


  • Custom Data Collection with Standardized Data: Liberty Mutual Surety Case Study

    Liberty Mutual Surety, a global business with bond capabilities in more than 60 countries, relies on access to timely and accurate financial statement data on public and private companies, mostly to analyze corporate financial health for bonding and to conduct benchmarking and trend analysis.  The financial data is also used by the claims department when [...more] || posted December 2
  • Grants Reporting Case Study: College of DuPage

    Executive Summary Reporting, collecting, and analyzing data about individual grants, and the grantees themselves, is time-consuming, labor-intensive, and costly. Grantees prepare multiple forms, and duplicate data reported. Federal awarding agencies and other users of grantee information manually extract data from inconsistently prepared PDF forms or text files. The GREAT (Grants Reporting Efficiency and Transparency) Act [...more] || posted August 31


  • CFA Institute Publishes Blockchain and XBRL: The Myth

    The CFA Institute published a blog debunking myths around blockchain and XBRL, noting: “The myth that blockchain could replace XBRL in the production of financial information is incorrect. Blockchain is not a data standard. And XBRL is not a distributed ledger system. Replacing one with the other would be like replacing the English language with [...more] || posted October 19


  • Let the data tell the story .. how little companies got big

    XBRL data gives small businesses the tools to conduct critical analysis needed to make “go/no go” decisions on major life cycle changes. Should a company go public? Merge with another company? Be acquired? Understanding the path taken by other small businesses can help them determine the best course for themselves.  With tools like XBRL data [...more] || posted May 24
  • Automating Work-in-Process (WIP), Improving Contractor Access to Credit

    Marcum LLP successfully created a computer-readable WIP report to help contractor clients provide financial performance data to surety carriers that can be automatically extracted with no rekeying of data. Marcum created the report by performing a one-time mapping using a spreadsheet add-in that converted the WIP data into XBRL format. XBRL is an open data [...more] || posted April 27
  • Automation Improves Underwriting Process for Contractors and Sureties

    The Hartford demonstrates how a one-time investment in data standards can be used by brokers to streamline their own data processing; and by surety carriers to eliminate the need for manual data entry, improve the credit evaluation process and offer better service to contractor customers. || posted April 26


  • Global Data Provider Reduces Data Processing Time 90%

    Morningstar, an investment research and investment management firm headquartered in Chicago, provides data on approximately 525,000 investment offerings, and began collecting data in XBRL format in 2012, starting with data from Taiwan and Japan. In 2016 they began working with US-based corporate data in XBRL format and will be making this available to clients in [...more] || posted December 21
  • Research Analyst Saves 72 Hours off Data Collection

    Corporate earnings are of keen interest to investors as a critical measure of value. But “unremitted (untaxed) foreign earnings”, which have significant implications for corporate earnings, may be off the radar screen of many investors simply because of its placement in company filings, embedded in the notes to the financials. The cumulative balance of untaxed [...more] || posted December 20
  • Student-run Investment Fund Gains Access to Affordable, Timely Corporate Financials

    Corporate financials are now affordable, educating tomorrow’s investors. Professor Mike Phillips at California State University – Northridge, helped his students establish a student-run investment fund that today manages $3.5 million. The fund contains three portfolios – 1) an ETF (exchange traded fund); 2) a traditional common stock portfolio with an emphasis on growth and quality; [...more] || posted December 19
  • Audit Firm Produces More Robust Analysis, Reduces Data Collection Time

    BDO USA, LLP, the US member firm of BDO International, a global accounting network, was asked to evaluate the fair value of the intangible assets acquired as part of a business combination. A primary factor in this type of evaluation is determining the reasonableness of the underlying projections used to support the intangible asset values. [...more] || posted December 17
  • Reduce Business Burden, Cut Govt Spending – Adopt XBRL

    This paper provides the XBRL US position on the use of financial data standards and recommends adopting the freely available, open XBRL data standard for all financial data reporting required by U.S. regulators. Only the XBRL standard has 1) the appropriate format to render data computer-readable; 2) the appropriate information component to clearly and consistently [...more] || posted December 12
  • CFA Institute Study – Data and Technology: Transforming the Financial Information Landscape

    The CFA Institute published a study supporting structured data, naming the following benefits to investors: Improves financial statement accuracy Improves productivity Increases opportunity for higher returns Allows for better risk management Empowers the analyst The study goes on to note that other areas of corporate disclosures that are not currently tagged would be helpful to [...more] || posted June 29
  • White Paper: Data Standards to Improve Surety Underwriting

    The XBRL US Surety Working Group has published a business case Data Standards in Surety Underwriting, which outlines alternatives to bring standards into the surety underwriting process and recommends the use of XBRL to improve efficiency and timeliness. The following issues with today’s surety underwriting process can be improved through standards: High costs. Entering data by hand into [...more] || posted May 2


  • Analysis of Fact Values Reported by Public Companies – How to Improve Effectiveness of Disclosure

    Every year, public companies report a single 10-K and three 10-Qs; each of these reports contain facts that are duplicates of facts reported in previous filings. XBRL US analyzed filings for 498 companies[1] representing the market to identify how public company disclosures can be made more effective. Key findings from the research: Significant amounts of [...more] || posted November 30
  • Open Data Standards to Improve Financial Reporting

    Open data standards improve the corporate financial reporting process, making financial data from public companies easier to extract, more timely and more granular. Read this 2-page flyer on how data processing has been transformed with the use of XBRL for financial statement data. || posted September 2



  • Case for Corporate Actions Automation

    Read the results of a business case advocating a transformation in the way corporate actions announcements are communicated in the United States, allowing investors to receive information on such corporate actions as mergers, dividends, stock splits and other events in a more timely, accurate and less costly way, directly as specified by the issuer or [...more] || posted December 31