XBRL | AccountingWEB



SEC Offers Software Industry Opportunity to Join in Web-Based Design

The Securities and Exchange Commission (SEC) has announced plans for its own Web tools that will let investors and analysts exploit interactive data to analyze mutual fund and corporate information.

Roberts Re-Elected Chairman of XBRL-US Steering Committee

Grant Thornton LLP National Director of Assurance Innovation Dan Roberts has been re-elected as Chairman of the XBRL-US Steering Committee, which governs XBRL-US, a consortium of 70 organizations working to adopt a standard method of business and financial reporting in the U.S. and worldwide. The XBRL-US Steering Committee is made up of nine representatives of those members. Liv Watson of Edgar-Online was elected Vice-Chair of the XBRL-US Steering Committee.“This coming year will be a very busy one for the Steering Committee and for XBRL-US in general.

AICPA Launches Revamped Online CPE Site

The American Institute of Certified Public Accountants (AICPA) in May rolled out a much faster and user friendly training and library Web site, called CPExpress, formerly known as Infobytes. Feedback is extremely positive, say Dr. Paden Neeley, AICPA Vice President of Group Study and David Tolson, Director of CPE Product Development, who spoke with AccountingWeb recently about how the AICPA’s online CPE offerings and other training options meet the needs of small and mid-sized accounting firms. CPExpress is much faster than the previous site, says Tolson.

AICPA, SEC Honchos to Co-Keynote XBRL Meeting

In what may propel needed increased market awareness of eXtensible Business Reporting Language (XBRL) and reinforce the fact that the accounting profession has led the development of that Internet-based technology, Securities and Exchange Commission (SEC) Chairman Christopher Cox and American Institute of Certified Public Accountants (AICPA) President Barry Melancon are the co-keynote speakers at the next XBRL International conference.

Rivet's XBRL Analysis Tool in Sync with AICPA's Enhanced Biz Reporting Effort

Denver-based Rivet Software has taken another step forward as the accounting professions’ most prominent developer of eXtensible Business Reporting Language (XBRL) technologies and has further intertwined its business future with the American Institute of Certified Public Accountants (AICPA) by rolling out a business analysis software suite.Like all of Rivet’s products, it’s new Interactive Financials (i-Fi) Suite leverages XBRL, which is the business report version of the EXtensible Markup Language (XML) platform for coding individual items within documents so that they can be immedi

Mark Your Calendar: XBRL GL In-Depth Training Begins July 13

Taligent Research presents the first in an ongoing series of in-depth XBRL GL training session on July 13 in Alexandria, Virginia.

AICPA Brings XBRL Closer to Reporting Improvement Effort

The American Institute of Certified Public Accountants’ (AICPA) merger of the management of its Extensible Business Reporting Language (XBRL) development and Enhanced Business Reporting (EBR) initiatives may be more than just a reshuffling of operational hierarchy.

XBRL Software Developer Building Channel Seeks Accountants

Rivet Software, a leading developer of XBRL data tagging technology, is building a sales channel which will consist primarily of accountants and accounting firms.Advertisement

Strange Bedfellows: Newt Gingrich and XBRL Software Community

At about the same time last week that Newt Gingrich, former speaker of the U.S.

Creative Solutions Gives XBRL a New Embrace

Creative Solutions, one of the first prominent accounting practice software vendors to embrace XBRL, the Internet-based technology that tags data items in financial reports so they can be immediately retrieved, has expanded its relationship with that evolving technology through an alliance with Rivet Software, a specialist developer of financial reporting systems.Advertisement

SEC’s New XBRL Push Attracts More Takers Than Past Effort

The Securities and Exchange Commission’s (SEC) newest effort to attract companies to use the EXtensible Business Reporting Language (XBRL) data tagging technology, developed by an accounting industry- led group, is finding greater success than its past effort.Advertisement
Community News

Matherne Expects to Stay Active With CPAs

Although he’s leaving the American Institute of CPAs (AICPA) where he led some of the most significant efforts in information technology, Louis Matherne expects to still be very active with CPAs and their work with technology.Advertisement

CCH Offering XBRL Capabilities to ProSystem fx Customers

Accounting profession software giant CCH’s decision to provide its customers the ability to render clients’ financial documents into an XBRL format, which allows for instantaneous access and collating of the most detailed information in business reports, could be a major boost to the XBRL movement nationwide, according to a top executive in an alliance with CCH.Advertisement

SEC Ponders: Is XBRL At Tipping Point

After seven years of fits and starts, the EXtensible Business Reporting Markup Language (XBRL) software code being developed by an accounting profession-led group, is raising the question of whether its has finally reached the “tipping point” of necessary market acceptance, according to the Securities and Exchange Commission’s (SEC’s) Chief Information Officer Corey Booth.The SEC, which would clearly like to see XBRL become the standard reporting format for public companies, is grappling to determine if the programming code can ever make it over the tipping point and reach the cr

SEC Approves Use Of Data-Tagged Corporate Reports

The U.S. Securities and Exchange Commission this week issued a release adopting amendments to establish a voluntary program related to eXtensible Business Reporting Language (XBRL). Registrants may voluntarily furnish XBRL data in an exhibit to specified EDGAR filings under the Securities Exchange Act of 1934 and the Investment Company Act of 1940.

AICPA Welcomes SEC's Proposed Rule on Use of XBRL

In response to last week’s proposing and concept releases by the U.S. Securities and Exchange Commission (SEC) on XBRL-Tagged Data in Commission Filings, the American Institute of Certified Public Accountants (AICPA), believes this is an ideal time for companies to embrace the XBRL (Extensible Business Reporting Language) standard as an important step in helping to enhance and modernize financial reporting.

CCH Adds Government Library to Accounting Research Manager

Professionals specializing in governmental accounting now have a unique and powerful new research tool: The Accounting Research Manager™ Government Library. CCH Tax and Accounting's Accounting Research Manager (ARM) is the premier research database of accounting, auditing, SEC and now governmental authoritative literature and interpretive guidance. CCH Tax and Accounting is the nation's leading provider of tax and accounting information, software and services (tax.cchgroup.com).

Trend Setters, Company to Format & Release Own Earnings in XBRL

Bowne & Co., Inc., the world's largest financial printer and leading EDGAR filer, today announced it will participate in a major industry financial reporting demonstration utilizing Extensible Business Reporting Language (XBRL).

XBRL-Enabled Software Becoming More Commonplace

XBRL-US has released the results an AICPA-sponsored study of software vendors which shows that two-thirds of accounting software vendors have included, or will soon include, XBRL-enabled functionality in their products.XBRL (Extensible Business Reporting Language) is a royalty-free, open specification for software that uses XML data tags to describe financial information for public and private companies and other organizations.

AICPA Elects New Chairman, Releases XBRL Draft

The American Institute of CPAs (AICPA) elected William F. Ezzell, as its new chairman for a one-year term, succeeding James G. Castellano. In his inaugural speech, Mr. Ezzell, a partner at Deloitte & Touche, announced that "restoration" will be the theme of his chairmanship.As examples of matters that need restoring, Mr.


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