XBRL news from FierceComplianceIT

Most of us think of XBRL as a tagging methodology for financial reporting. But XBRL, which stands for Extensible Business Reporting Language, has many other possible uses, and we'll likely see the... Read more...

The historic Dodd-Frank financial reform bill was notable in the audit community for an interesting omission: The final bill did not include a requirement ordering regulators to distribute financial... Read more...

We've been talking about automation of financial processes for so long that you might think that internal auditors (internal audit news) are up to speed from a technology standpoint. But you would be... Read more...

We've been expecting a raft of more XBRL-related services (XBRL news), especially given how many companies seem quite comfortable with outsourcing big pieces of the process. PR Newswire's Vintage... Read more...

If you were to consult The Audit Committee Handbook, for guidance on audit committee issues, you would've gotten some out-of-date advice. The most recent version (the fourth) was written just as... Read more...

We tend to look at venture capital investments as validation of certain technologies. That sort of interpretation was more common in the heyday of venture capital, which seemed to crest and crash... Read more...

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...