It’s clearly a big week for taxonomy updates, with the US SEC also announcing that its EDGAR system has been updated to accept filings that conform to the 2017 US GAAP taxonomy that was published by the FASB in December. A number of other, more minor changes were made at the same time, as well […]
On Wednesday, 1 March 2017, the US SEC will meet to consider whether it should mandate the use of human readable iXBRL.
XBRL US’s DQC Committee Releases New Tranche of Machine Executable Rules.
The Orange Button initiative is developing XBRL based data standards for solar financing. It could be a model for data-driven decision making.
The US President-elect has announced his pick to head the US Securities and Exchange Commission.
We’ve got some more news from our friends at the Data Coalition in the US this week. Their research arm, the Data Foundation, is publishing a paper in cooperation with PwC on Standard Business Reporting. An excerpt shared this week highlights the potential for SBR to reduce some of the costs to business for regulatory […]
Reports by Inspectors General of US Government agencies reveal that progress towards deadlines set out by the DATA Act for structured spending data is not on track.
XBRL US has just started to experiment with iXBRL versions of corporate actions. Check out this example that reuses the open source iXBRL inspection tool that the SEC contributed to and use themselves.
The successful implementation of data-centric programs requires a three pronged approach that addresses infrastructure, business processes and business requirements.