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News & Information

News and Information

December 9, 2008
SEC poised to finalise rule on interactive data format

Source: Accountancy Age - UK

Christopher Cox, Securities and Exchange Commission (SEC) chairman, said in a speech to the American Institute of Certified Practicing Accountants (AICPA) national conference on current SEC and PCAOB developments yesterday,...

December 5, 2008
Technology could steady financial markets

Source: NextGov.com - DC

Improvements in the technology used for financial reporting could bring some stability to troubled markets, the head of a company that compiles data from corporate filings said on Thursday

November 27, 2008
XBRL US Invites Participation in Public Review of US GAAP Data Tags Release 2009

Source: XBRL USA

XBRL US, the nonprofit consortium for XML business reporting standards, today announced that they had completed a new draft of the XBRL US GAAP Taxonomies, and have made it available for public review. This second release of the...

November 25, 2008
The XBRL mandate is here: Is IT ready?


Source: InfoWorld

Given all the pressures IT is under, another compliance initiative may seem to be one too many. There is such a mandate: to submit financial reports using XBRL (Extensible Business Reporting Language) tags. How much will the XBRL...

November 24, 2008
IFRS AND XBRL CONVERSION OPENS DOOR FOR INTERNAL AUDITORS Deloitte Selected By IIA To "Bridge The GAAP” By Offering IFRS And XBRL Training

Source: The Institute of Internal Auditors; Deloitte

ALTAMONTE SPRINGS, Fla. — As capital markets globalize and shift toward unified financial reporting standards, organizations will face increased challenges and opportunities posed by changes associated with International...

November 19, 2008
AGA Research Study Sees Bright Future for XBRL Use in State/Local Governments

Source: Market Watch

Using XBRL (short for eXtensible Business Reporting Language) in public sector financial reporting is the subject of a research study, released in September 2008 by the Association of Government Accountants (AGA).

 

November 5, 2008
XBRL: An Agent of Financial Reform?

Source: LinuxInsider

Having a common language for business reporting seems like something everyone involved in the financial industry would embrace. However, XBRL, which has won the support of the SEC, may have a few wrinkles to work out.

October 29, 2008
Technology managers being fed an accounting alphabet soup

Source: Wisconsin Technology Network

As if IT managers don't already have enough to do, there are current activities in the marketplace that affect IT from a compliance and legal perspective. IT leaders, depending on their industry and regulatory environment, should...

October 24, 2008
Redesigned EDGAR Online Web Site Spotlights XBRL Solutions for Investors, Analysts, Regulators and Business Executives

Source: Edgaronline

EDGAR(R) Online, Inc. (Nasdaq: EDGR) announced today that it has completely overhauled and launched a new customer-focused corporate Web site. The site, www.edgar-online.com, was strategically re-crafted to better meet the needs...

October 23, 2008
XBRL US Announces Public Review of Data Tags for Mutual Fund Risk/Return Summary and Schedule of Investments

Source: XBRL USA

New data tags promise better information for investors. XBRL US invites investors, creators and other users of mutual fund and other investment company information to review and comment on the draft dictionaries of financial and...

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