Tuesday, March 25, 2014

Top 10 Other Industries XBRL Can Impact, Pt 2

by: Paul C. Bevins, Account Executive

In part 1 of this series we discussed environmental disclosure, private finance, construction, federal transparency, and MuniXBRL. Now let us now consider the next five industries that XBRL could impact.

Tuesday, March 11, 2014

Top 10 Other Industries XBRL Can Impact, Pt 1

by: Paul C. Bevins, Account Executive

The United States Securities and Exchange Commission (SEC) has mandated that public companies file their quarterly 10-Q and annual 10-K reports in eXtensible Business Reporting Language (XBRL) since 2009. The SEC has also mandated the same from mutual fund managers for their risk/return summaries. And while there have been growing pains as the standard has evolved and the taxonomies have matured, many would agree that XBRL has powerful potential, especially as accuracy, usage, software solutions, and analysis become more integrated into everyday business practices.