XBRL | AccountingWEB.com

Governments and Private Companies Exploring Benefits of XBRL

01/31/2012 - 13:15 - 1460 reads

Congress is beginning to mandate the use of XBRL to track spending and improve transparency in government reports. Bills that contain language calling for the implementation of data standards, such as XBRL, have not yet passed into law, but the requirement could become part of the final payroll tax cut bill.

FEI Top Challenges For CFOs in 2012

01/02/2012 - 15:15 - 607 reads

FEI has released the list chosen by its President and CEO, Marie N. Hollein, as the top challenges facing financial executives in 2012.

FEI

New XBRL and proposed 2012 US GAAP financial reporting taxonomy released

09/22/2011 - 10:11 - 4743 reads

The IFRS Foundation, the oversight body of the International Accounting Standards Boards (IASB), has announced that it has completed the first part of its project to address requests for extensions to the IFRS XBRL taxonomy.

Seven tips for your first filing of detailed footnotes in XBRL

09/20/2011 - 10:10 - 2349 reads

As organizations have completed their year-one SEC requirement with block note tagging in XBRL, they are preparing for the next major milestone: filing their detailed footnotes (DFN) in XBRL.

MACPA embraces XBRL in case study for private companies and nonprofits

08/08/2011 - 18:08 - 1604 reads

Historically, the conversation about XBRL has centered on public companies, thanks to its promise of delivering timely, accurate, and transparent financial information to investors. That conversation is beginning to shift.

Challenges, best practices for the first XBRL filing

04/28/2011 - 11:00 - 3471 reads

Thousands of small public companies will submit eXtensible Business Reporting Language (XBRL) financial reports, for the first time, with their regular June 15, 2011 filings with the SEC.

IFRS Foundation to enhance IFRS taxonomy to reflect common reporting practices

04/11/2011 - 13:02 - 2786 reads

The IFRS Foundation has announced that it will publish supplementary tags for the IFRS Taxonomy that reflect disclosures that are commonly reported by entities in their IFRS financial statements.

FASB unveils XBRL 2011 taxonomy

02/28/2011 - 12:15 - 7193 reads

Speakers at a recent FASB Webcast, XBRL 2011 Taxonomy Overview, presented an outline of what public company financial report preparers need to know about using the 2011 XBRL taxonomy.

Public companies must submit XBRL exhibits to SEC in 2011

01/15/2011 - 11:42 - 2931 reads

The SEC in 2009 issued rules requiring public companies and foreign private issuers that prepare financial statements in accordance with US GAAP to attach an exhibit with all periodic filings that contains computer readable tags written in XBRL.

Public companies are getting the jump on XBRL adoption

02/05/2010 - 01:57 - 3509 reads

XBRL US, the XML standard setter for business information reporting in the U.S., has announced that public companies are heeding the advice to "start early" in preparing for XBRL adoption.