Recent Event Highlights: Compliance Xpressware Unveils Xpressfiler, a Comprehensive EDGAR Filing ... - GlobeNewsWire (press release), Two Rivers Water Company Selects raas-XBRL for SEC-Ready XBRL Preparation - PR-USA.net (press release), SmartXBRL: Automatic EDGAR HTML-to-XBRL Tagging, Xbrl Filings Tagging Financial Statements with Xbrl Connect from Xteron, Xbrl Filings Extend Taxonomy with Xbrl Connect from Xteron, Xbrl Filings Create Custom Taxonomies with Xbrl Connect from Xteron, and 32 more...
Created by dipity on Mar 10, 2011
Last updated: 03/10/11 at 02:02 PM
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Compliance Xpressware Unveils Xpressfiler, a Comprehensive EDGAR Filing ...GlobeNewsWire (press release)"Apurba has an extensive background in developing software for SEC filings, and we have leveraged the company's expertise to create a suite of tools that will help the small and medium size filing agents remain competitive in an XBRL world. ...and more »
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Rivet Software Sees Hiring Boosttechrockies.comThe developer of XBRL software used for submitting business reports to the SEC said that it is looking for accounting/finance professionals and software developers in its Denver headquarters. Rivet attributed the brisk hiring plans to the requirements ...Rivet Software Looking For 40 New EmployeesPR Newswire (press release)all 10 news articles »
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Robert J. Farrell to Join EDGAR Online as President and Chief Executive OfficerPR Newswire (press release)"The expanding XBRL market, the investment by Bain Capital Ventures, key strategic partnerships and the merger with UBmatrix can all be leveraged to grow this business. I look forward to working with the entire EDGAR Online team to make this happen. ...and more »
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SEC Adopts 2011 US GAAP Taxonomy; PCAOB Investor Adv. Group To MeetAccountingweb.com (blog)Additional information about SEC XBRL reporting requirements can be found on the SEC's XBRL portal. Separately, the US Public Company Accounting Oversight Board recently announced that it will hold its next Investory Advisory Group meeting on March 16. ...Seven Accounting Changes That Will Affect Your 2010 Annual ReportSmartPros Accountingall 2 news articles »
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SEC XBRL Mandate - The Final CountdownBusiness Finance MagazineThe SEC's XBRL mandate applies to all public companies as of June 30 so companies need to prepare to comply with the mandate - now. Join this webinar and learn about the topics covered in SEC XBRL Mandate For Dummies®, Clarity Systems Limited Edition, ...
http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFWuatd-InhRb_SkpVd3TZo_KRsoA&url=http://businessfinancemag.com/webcast/sec-xbrl-mandate-final-countdown-0302
Accountingweb.comFASB unveils XBRL 2011 taxonomyAccountingweb.comAll public companies will be required by the Securities and Exchange Commission (SEC) to attach XBRL exhibits to their July 1 filings. FASB assumed responsibility for the 2011 US GAAP financial reporting taxonomy from XBRL US. ...
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Two Rivers Water Company Selects raas-XBRL for SEC-Ready XBRL PreparationPR-USA.net (press release)Two Rivers (PINK: TURV) is required to provide XBRL to the SEC for this first time in 2011, and is one amongst an estimated 8700 companies that are required to comply with the SEC's XBRL mandate beginning with the second quarter 2011 10Q filing, ...
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WebFilings Completes SAS 70 Type II AuditEON: Enhanced Online News (press release)With WebFilings, reporting teams collaborate in real-time on their financial reports from accounting close through SEC acceptance – including integrated EDGAR HTML conversion and XBRL mapping and tagging. As a result, WebFilings reduces the time, risk, ...and more »
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SEC Adopts 2011 US GAAP XBRL TaxonomyAccounting TodayThe 2009 taxonomy currently in use by SEC issuers was developed by XBRL US Inc., an independent nonprofit organization with research, development and education programs facilitating the widespread adoption of XBRL in the United States. ...SEC Approves 2011 GAAP Taxonomy for XBRL FilingsCompliance Week (subscription)all 3 news articles »
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Rivet Software Launches XBRL Comparative ReportPR Newswire (press release)Additionally, the XBRL Comparative Report provides the frequency each tagging element was used as an overall percentage of all SEC filings to date. Know your level of comparability before you file. Save time in determining what your peer group ...and more »
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Walter Hamscher -- Manager, Technology and Taxonomies, Office of Interactive Disclosure, SEC - Does it Really, Truly Work? The Status and Implications of the Interactive Data (XBRL) Program at the US SEC
Excerpt
...the United States SEC's mandate for XBRL filings entering its third year, and impacting over 7000 additional companies in 2011, there's a lot of buzz in the industry about how companies should address the new reporting requirements. Should they outsource...
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Oracle Blog
http://blogs.oracle.com/epm/2011/02/the_other_side_of_xbrl.html
Excerpt
...a flat file of text or HTML, parsing or rekeying it and ‘interpreting’ the data before they can be used. Because of the SEC’s XBRL initiative, many companies’ corporate data are now computer-readable and available to everyone immediately, as soon as they’re...
Source Info
The Business Insider
http://feedproxy.google.com/~r/businessinsider/~3/vCXRUrQ0RiA/how-xbrl-improves-analysis-2011-2
SmartXBRL takes any EDGAR HTML filing and automatically tag them to fit the XBRL standard. Go to www.secpublisher.com for more information.
xbrl demo covers a high level workflow of Tagging Financial Statements for SEC filings. See how we can help with your interactive data filing
xbrl demo covers a high level workflow of Extending Taxonomy for SEC filings. See how we can help with your interactive data filing
xbrl demo covers a high level workflow of Creating Custom Taxonomies for SEC filings. See how we can help with your interactive data filing
SmartXBRL comes with easy-to-use Online XBRL Viewer and XBRL Editor for users to review and make necessary adjustments to the tags securely from any computer. Go to www.secpublisher.com for more information.
Economic Stimulus Oversight, Federal, Beginning - House Oversight Committee - 2009-03-19 - Product 284718-1-DVD - House Committee on Government Reform and Oversight. In the first of two portions of a hearing, Earl Devaney testified about how he intends to execute his duties as chairman of the Recovery Act Accountability and Transparency Board to prevent waste and fraud in the spending of economic stimulus funds. He focused on the roles the federal and state governments will play in this oversight process as well as plans for audits and investigations to identify and prosecute fraud in stimulus programs. In his remarks he talked about recruiting staff, the potential losses expected as a result of fraud, and further development of an Internet web site to monitor the contracting process. After a recess testimony continued in program ID 284718-2. Filmed by C-SPAN. Non-commercial use only. For more information see www.c-spanvideo.org
To all Clients, Partners and Friends of Q4. Thank you for an incredible year! We wish you a wonderful holiday and a happy New Year. All the best, we'll see you in 2011! Your friends at Q4 Web Systems.
cundus Financial Statement Factory helps you create and update your financial and management reports. Increased efficiency and audit compliance are key factors in reporting. Using cundus Financial Statement Factory, you can generate your financial reports at the push of a button and comply with the future requirements for electronic data transmission in XBRL format.
Video shows how a user can complete a Section 16 form using SEC Connect's Disclosure, Collaboration and Filing (DCAF) System. DCAF allows public companies, reporting professionals, reporting persons and securities counsel to directly file with the Securities and Exchange Commission's (SEC) EDGAR database certain reports required to be filed under the Securities and Exchange Act of 1934.
Video provides a brief overview of SEC Connect's Disclosure, Collaboration and Filing System, an easy to use filing platform that allows public companies, compliance professionals, reporting persons, securities counsel and others the ability to direct file with the Securities and Exchange Commission (SEC) some of more commonly filed reports under the Securities Exchange Act of 1934.ick tour of the many time saving features of SEC Connect's DCAF system.
Video shows how a user can complete a Form 8-K using SEC Connect's Disclosure, Collaboration and Filing (DCAF) System. DCAF allows public companies, reporting professionals, reporting persons and securities counsel to directly file with the Securities and Exchange Commission's (SEC) EDGAR database certain reports required to be filed under the Securities and Exchange Act of 1934.
Video introduces DCAF, SEC Connect's Disclosure, Collaboration and Filing System, allowing public companies, reporting professionals, reporting persons and securities counsel to directly file with the Securities and Exchange Commission's (SEC) EDGAR database certain reports required to be filed under the Securities and Exchange Act of 1934.
Video takes you through the process of setting up an account with SEC Connect's Disclosure, Collaboration and Filing System, an easy to use filing platform that allows public companies, compliance professionals, reporting persons, securities counsel and others the ability to direct file with the Securities and Exchange Commission (SEC) some of more commonly filed reports under the Securities Exchange Act of 1934.
Mark leads the national consortium for XML business reporting standards and started XBRL US Labs, a research and innovation center focused on XBRL (eXtensible Business Reporting Language), an open-source, royalty-free language being adopted globally to provide transparency and global access to the documents and data that drive markets, regulation, and business information sharing. Hired in 2006 to oversee the startup of the non-profit XBRL US when the US Securities and Exchange (SEC) adopted XBRL as the standard for tagging regulatory reports by publicly traded companies, mutual funds, and credit rating agencies, Mark has spent twenty-five years as a chief technologist/CIO in Washington for organizations such as the MD-IPA (now United Health), The Board of Trade, and the Council on Foundations. In the first two years of operation, XBRL US assembled a small but effective team and successfully crowd-sourced a 15000-element XBRL taxonomy for Generally Accepted Accounting Principles (GAAP); these tags are now required by SEC rules for regulatory compliance, and the data is now flowing on the SEC EDGAR system. Since then, Bolgiano has been instrumental in taking the XBRL movement beyond accounting standards and capital markets to the policy, legal, and government domains. His Congressional testimony last year on the use of standards for transparency. XBRL US Labs research partnerships with data infrastructure giants DTCC and SWIFT have produced the world's firt ISO-aligned ...
Short interview about the history of XBRL pioneer Rivet Software, the SEC XBRL mandate, and what the future holds for XBRL and Rivet with Patrick Quinlan, CEO. Financial reporting visionaries Mike Rohan and Emily Huang saw the value in leveraging XBRL as the foundation for creating the most integrated financial reporting software. Rivet Software is now an industry leading XBRL and financial reporting solution.
Understand the value of XBRL in 2 minutes. Patrick Quinlan, Rivet Software's CEO, explains how companies and investors are benefiting from the transparency and standardization of financial data and reporting enabled by the SEC mandate of XBRL.
Patrick Quinlan talks with NBC 9News about Governor Bill Ritter, Rivet's growth, job openings, the SEC XBRL mandate, and the future of Rivet.
With Interstage XWand, you can easily extract data from Excel spreadsheets to create XBRL reports. Watch how easily your financial data can be made ready for submission to the SEC.
Q4 Web Systems' new Interactive Analyst Center seamlessly integrates with any corporate/investor website and makes it the most engaging destination for financial information on your company. Sophisticated investors now have access to 5 years of quarterly and annual data including balance sheet, income statement, cash flow, and operating data. Analysts are also able to customize and view charts of virtually any ratio and access referenced filings. The Interactive Analyst Center is not only limited to companies filing in XBRL - any company financials filed with the SEC can be incorporated, which sets this product apart from others in the market. View Live DEMO at: bit.ly
XBRL US, a non-profit advancing open standards for XML business reporting in the US offers 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. The XBRL Consistency Suite (csuite.xbrl.us) performs over 6000 tests against a companys XBRL document and produces a report that shows taxonomy-specific errors that have been made. Companies, or their service providers, should run the tool on their XBRL-formatted financials before they submit them to regulators and investors as a final step in the XBRL creation process. It also includes access to a database of XBRL documents submitted to the SEC, updated regularly.
experts30.com Here is a good example of what Experts30 can do in three weeks in the financial application area. UBMatrix is the leading software company for standard based financial data processing and reporting. When UBMatrix contacted Experts30.com they wanted four things •First, an intuitive and powerful Web Interface to allow end-users, accountants, to browse UBmatrix XBRL database and to easly create and share custom reports. •Second, every report to be exportable in Excel •Third, a training-free user interface. •And last but not least, something UBmatrix could share with their customers in 3 weeks.
Eric E. Cohen gives us an update on the state of XBRL since the SEC mandate on June 15, 2009 and what to look for in the second year requirements. Eric is one of the original group that founded XBRL and a recognized global expert on XBRL.
www.weforum.org 29.01.2010 No industry is immune to the global, cyclical and structural changes reshaping the world economy. Chairs of the World Economic Forum Governors Meetings each share their industry's evaluation of the most important challenges and opportunities in 2010. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee, Deutsche Bank, Germany; Member of the Foundation Board of the World Economic Forum; Chair of the Governors Meeting for Financial Services 2010; Co-Chair of the World Economic Forum Annual Meeting 2010 Hans-Paul Bürkner, Global Chief Executive Officer and President, The Boston Consulting Group, Germany; Co-Chair of the Governors Meeting for Professional Services Colin Dyer, President and Chief Executive Officer, Jones Lang LaSalle, USA; Chair of the Governors Meeting for Real Estate 2010 Eric Mindich, Founder and Chief Executive Officer, Eton Park Capital Management, USA; Co-Chair of the Governors Meeting for Investors 2010 Jeff Zucker, President and Chief Executive Officer, NBC Universal, USA; Chair of the Governors Meeting for Media, Entertainment & Information 2010 Moderated by Kevin Steinberg, Chief Operating Officer, Head of Centre for Global Industries, World Economic Forum USA
For more information, please visit: www.softwaresherpa.com
Preview and teaser for upcoming eLearning Module on use of XBRL for SEC Filings. Produced by the eCitizen Media Division. Comments welcome. - Dazza
Chethan Gorur, Trintech's Director of Interactive Data Services, explains XBRL. To learn more, visit www.Trintech.com today.
Crossfire Analyst, designed specifically for finance and accounting users, is a robust and sophisticated web-based application that supports the aggregation and analysis of information from Interactive Data filings, ERP systems, Data Warehouses and traditional financial data feeds. Its remarkable support for Interactive Data allows users to easily merge and analyze data from multiple XBRL sources such as the SEC (Corporate Financials and Mutual Fund Risk & Return), FDIC Bank Call Data and international sources such as the Japanese, German and Shanghai stock exchanges.
XBRL founding members Milke Willis & Eric E. Cohen (both with PWC) present an update on XBRL and the SEC mandate in a special session on CPA Island. Hosted by the Maryland Association of CPAs (MACPA) and the Second LIfe Association of CPAs (SLACPA)
What is XBRL? How is it different than XML? Who is using it today? With the United States Securities and Exchange Commission (SEC) mandating it; stock exchanges around the world using it; and official support from the European Parliament as well as governments of the Netherlands, Australia, Japan and China--the Extensible Business Reporting Language (XBRL) can certainly be considered a global standard for business reporting. In this webcast, Charlie Hoffman, the father of XBRL and Steve Levine, both of Ubmatrix, introduce XBRL and answer questions.
Automatic Data Retrieval Process: How to retrieve data from financial document to XBRL filing using Evolutionary Tagger. The process is fully automatic.
Automatic Reverse Engineering process for XBRL and IFRS reports: Map your existing XBRL/ IFRS filing to text of document containing data present in the filing.
Export XBRL / IFRS Autoretrieval results and Reverse Engineering results to 3 formats: 1. Self-Contained Document 2. XML 3. XBRL / IFRS filing
Here's the WIRED article, in all its glory: www.wired.com
I've been as sick as a dog, but I've been wanting to do this video for awhile now, so here goes nothing. Here's the WIRED article, in all its glory: www.wired.com
Oversight Republicans Criticize Treasury for Failing on Promises of Transparency WASHINGTON. DC House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) and Subcommittee Ranking Member Jim Jordan (R-OH) today, at a House hearing featuring Interim Assistant Secretary for Financial Stability Neel Kashkari, demanded that the Treasury Department take immediate steps to increase transparency of TARP funds approved by Congress as part of the $700 billion bailout. After two Administrations and roughly six months of the blind leading the blind, we are still meeting resistance from the Administration on implementing a common platform that would allow us to track TARP dollars and value toxic assets, said Issa. These are taxpayer dollars and the technology exists to track TARP dollars, but Treasury continues to obstruct transparency. So far, the Treasury Departments grade for transparency about TARP has been an F, said Congressman Jordan. This is the biggest taxpayer-funded bailout in American history, and the American people who are footing the bill deserve far better than what theyre getting in terms of transparency. Assistant Secretary Kashkari had previously testified that Treasury could not track the use of TARP funds, but when asked by Rep. Issa if a common reporting format such as XBRL (Extensible Business Reporting Language) would greatly improve transparency, Kashkari responded affirmatively. XBRL is in place as a reporting standard in ...
Oversight Republicans Criticize Treasury for Failing on Promises of Transparency WASHINGTON. DC House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) and Subcommittee Ranking Member Jim Jordan (R-OH) today, at a House hearing featuring Interim Assistant Secretary for Financial Stability Neel Kashkari, demanded that the Treasury Department take immediate steps to increase transparency of TARP funds approved by Congress as part of the $700 billion bailout. After two Administrations and roughly six months of the blind leading the blind, we are still meeting resistance from the Administration on implementing a common platform that would allow us to track TARP dollars and value toxic assets, said Issa. These are taxpayer dollars and the technology exists to track TARP dollars, but Treasury continues to obstruct transparency. So far, the Treasury Departments grade for transparency about TARP has been an F, said Congressman Jordan. This is the biggest taxpayer-funded bailout in American history, and the American people who are footing the bill deserve far better than what theyre getting in terms of transparency. Assistant Secretary Kashkari had previously testified that Treasury could not track the use of TARP funds, but when asked by Rep. Issa if a common reporting format such as XBRL (Extensible Business Reporting Language) would greatly improve transparency, Kashkari responded affirmatively. XBRL is in place as a reporting standard in ...
Excerpt
Securities and Exchange Commission is encouraging companies to start filing their financial reports in XBRL format in hopes that filings will be more transparent and accessible.
Source Info
CNET
http://news.cnet.com/8301-13578_3-10068446-38.html?part=rss&subj=news&tag=2547-1_3-0-20
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