XBRL US, a non-profit advancing open standards for XML business reporting in the U.S., today announced the launch of XBRL Consistency Suite, a set of online XBRL tools that help public companies identify inconsistencies in XBRL documents related to the use of the XBRL US GAAP Taxonomy. In the over 1,400 XBRL financial statements that have been submitted to date, thousands of errors have been identified, including incorrect use of signs, missing XBRL-tagged elements, and tags that should not have been reported, among others.
Clarity Systems, a leader in external reporting solutions, today announced the launch of the Clarity Systems Limited Edition SEC XBRL Mandate for Dummies guide. The book is designed to clearly and cleverly explain what can be a daunting topic: the requirements of the U.S. Securities and Exchange Commission’s phased-in mandate for filing SEC submissions in the XBRL format.
Romania continues to fulfill its commitment to sustainable economic development and undertakes the necessary steps to achieve major European macro-economic objectives in the context of the modern, global economy. Sustainable economic development involves a diversity of contributions from all active players within the Romanian society and economy – social partners, business partners, professional associations, academic community and civil society.
There is an urgent need to prepare for the adoption of IFRS in Canada and to understand how the emerging corporate reporting landscape will be impacted by XBRL (eXtensible Business Reporting Language). The SEC in the U.S. has already enacted regulations that cover mandatory reporting in XBRL. In 2011 these SEC rules will have significant implications for Canadian companies as foreign filers using IFRS and the associated IFRS XBRL taxonomy.
XBRL International, Inc., (XII) released “XBRL: Towards a Diverse Ecosystem” today, a Discussion Document seeking public comment on the future business requirements and technical roadmap for the XBRL business information standard.
The 20th XBRL International Conference “XBRL: Linking Businesses, Public Regulators & Citizens” is produced by XBRL International, Inc. and is hosted by XBRL Italy in cooperation with XBRL Europe.
Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, risk management and compliance software solutions, announced that it would be presenting a webinar on February 25 entitled Global XBRL Compliance: The “Built-In” Approach To Drive Benefits. Focus is on How Enterprise Customers Can Avoid IT Maintenance and Associated Costs to Focus on their Core Business Competencies.
Ez-XBRL Solutions, a Virginia-based company founded by entrepreneurs with significant experience in regulatory filings business has launched Ez-XBRL, their product for easing the complex process of XBRL filings.
Rivet Software, a Denver-based company pioneering the future of global financial communications, announced that Patrick Quinlan has been promoted from President to Chief Executive Officer. Quinlan replaces Mike Rohan, who remains as Chairman, effective immediately.
Open Analytics is the result of a pioneering public private partnership between ACRA and WHK Horwath, an Australian financial services firm, as part of ACRA’s Business Financials in XBRL (BizFinx) initiative.