XBRL news from FierceComplianceIT

We've suggested that companies would be wise to get their feet wet with XBRL if they haven't already. The good news is that it looks like more companies are doing so. XBRL US, the XML business... Read more...

Now hear this: Financial statements filed in XBRL are not perfect. Far from it. In fact, as more companies ramp up their XBRL filing efforts, we should all be on the lookout for lots of errors, most... Read more...

A lot of companies are gearing up to report in XBRL. We tend to see the new format as a burden (or opportunity) unique to the United States, but as the OpenWeb Developer's Journal notes, XBRL is... Read more...

We've discussed XBRL quite a bit as of late; we've had little choice as the SEC seems to be moving ahead with mandated usage for all U.S. public companies by 2011. First up are the 500 largest filers... Read more...

XBRL U.S., which controls the XBRL specification, will very soon release a fix for a problem that seems almost laughable. Big companies raced to submit financial reports in XBRL only to find that the... Read more...

The Merrill Corporation has launched a new reporting solution for mutual funds and alternative investment providers. It's basically a tool to help companies put together financial reports. In my... Read more...

The road to early adoption of XBRL has not been easy for everyone. There have been snafus, such as the Financial Accounting Standards Board's new codification of accounting standards, which is set to... Read more...

XBRL--that is, eXtensible Business Reporting Language--still isn't in wide-spread use, though it's definitely coming, and rather quickly for big, publicly traded companies. But a recent proposal in... Read more...

We've noted that SEC Chairman Linda Shapiro was a bit coy early on regarding a few big issues, such as the projected rollout of IFRS in the United States. She offering a few more clues as of late.... Read more...

Protiviti has released its annual survey of internal audit capabilities and needs. These sorts of surveys tend to be marketing exercises as much as anything--you've got to do them--but Protiviti's... Read more...