By Anne Leslie-Bini on September 12, 2011
WITH financial data providers increasingly using XBRL filings in the numbers they deliver to Wall Street, poor corporate reporting controls are threatening company reputations and raising the specter of investors making trading decisions based on faulty figures.
By Guest Contributor on July 18, 2011
This is a guest post by David J. Price, chief financial officer and chief operating officer, EDGAR Online, Inc. Mr. Price joined EDGAR Online as Chief Financial Officer on July 6, 2010 and became Chief Operating Officer on May 13, 2011. Prior to that, he was Executive Vice President, Finance, Chief Financial Officer, Treasurer and [...]
By Anne Leslie-Bini on May 2, 2011
XBRL US Labs, the research arm of the XBRL US consortium, recently released a tool to show how data reported in eXtensible Business Reporting Language can be compiled within minutes of being posted on EDGAR and then presented in a way that makes analysis simple and visually interesting.
By Anne Leslie-Bini on April 6, 2011
SINCE many companies have yet to make a decision about how they will meet the US Securities and Exchange Commission’s (SEC) looming XBRL deadline, we have put together a “Shoppers Guide” to help them navigate their way through the XBRL vendor market.
By Anne Leslie-Bini on March 9, 2011
WHEN you work with eXtensible Business Reporting Language (XBRL) on a daily basis like I do, it’s easy to forget – and sometimes a little disconcerting — that most people don’t share your enthusiasm for the standard and its potential.
By Anne Leslie-Bini on February 20, 2011
AMERICAN businesses affected by Sarbanes-Oxley legislation still vividly remember the days leading up to the deadline for SOX 404 compliance back in 2004/2005, and the vast army of internal control specialists that were mobilized — at sometimes eye-watering rates — to help filers meet their Section 404 requirements.
By Dominic Jones on February 9, 2011
CONCERNS are being raised about the readiness of service providers to meet the needs of the more than 8,000 smaller companies that must begin filing reports in eXtensible Business Reporting Language (XBRL) for the first time this July.
By Dominic Jones on February 3, 2011
CONCERNS are being raised that a patent issued to private company EDGAR Online Inc. (NASDAQ: EDGR) will restrict investors’ access to tools that enable them to quickly analyze company financial information in the regulatory mandated eXtensible Business Reporting Language (XBRL).
By Dominic Jones on November 16, 2010
A NEW company is causing a stir in investor relations and corporate reporting circles with its financial reporting software that makes it a snap for companies to confidently create multiple disclosure documents that automatically update when figures are changed in a single spreadsheet.
By Dominic Jones on August 9, 2010
EUROPEAN Union securities regulators last week put out a paper on creating a central disclosure system — but with so many vested interests to placate it seems implausible that investors will soon have a single gateway to EU securities filings.
By Dominic Jones on August 28, 2009
Michelle Savage, vice president of communications at XBRL US and former VP of IR services for PR Newswire, is interviewed by Brian Pittman for Bulldog Reporter’s IR Alert. She cuts through the usual blather about XBRL greatness to explain what investor relations professionals really need to be thinking about now that their companies are, or [...]
By Dominic Jones on December 18, 2008
AFTER several years of evangelizing it at every opportunity, US Securities and Exchange Commission (SEC) chairman Christopher Cox yesterday finally sealed what he hopes will be his legacy. The commission voted 4 to 1 to approve rules that will require all registered companies to use eXtensible Business Reporting Language (XBRL) when submitting their financial statements [...]
By Dominic Jones on December 11, 2008
THE US Securities and Exchange Commission (SEC) will meet on December 17 to decide whether to make eXtensible Business Reporting Language (XBRL) mandatory for public company financial statement information. The move has been widely anticipated following the publication of a rule proposal in May. It was thought by some in the XBRL community that the [...]