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Forward Planning?October 30th, 2009 by Stewart McKie - Executive Advisor
A surprising finding of a recent national survey of U.S. CFOs and senior comptrollers conducted by Grant Thornton is that 52% of public companies had ‘no plans at this time’ to ‘report using XBRL’ – despite the S.E.C. mandate window for XBRL filing of June 2009 to 2011. One wonders what this means? Read the rest of this entry » FASB to XBRL Codification LinkOctober 30th, 2009 by Stewart McKie - Executive Advisor
FASB’s US GAAP Accounting Standards Codification now includes linking to XBRL elements. Read the rest of this entry » AICPA Chair Gets XBRLOctober 21st, 2009 by Stewart McKie - Executive Advisor
It’s good to know that Robert Harris, the newly elected AICPA chairman, gets XBRL. In a recent Journal of Accountancy article (Nov. 2009), Harris was quoted as saying: Read the rest of this entry » SEC Filing FeedbackOctober 20th, 2009 by Stewart McKie - Executive Advisor
The S.E.C recently updated its staff observations from their initial review of XBRL filings here. Read the rest of this entry » X-CertificateOctober 8th, 2009 by Stewart McKie - Executive Advisor
The news that XBRL International is surveying to determine the interest in an XBRL Certification Program has prompted me to come up with a suggested set of ratings based on the well-established US movie ratings system. Read the rest of this entry » Outsourcing XBRL Filing: It’s Still About SoftwareOctober 8th, 2009 by Stewart McKie - Executive Advisor
I know. You’d expect us to say that. But why do you care about software when you’re outsourcing your XBRL filing? Read the rest of this entry » XBRL & Crossfire make me want to get an MBA in AccountingOctober 6th, 2009 by Natalya Kuskin - Account Executive
During a call with a potential client last week, I mentioned that Rivet’s Crossfire Financial Reporting Platform makes numbers so exciting that I want to go back to school for an MBA in Accounting. He laughed and revealed that nowadays, being an accountant is less about numbers or analysis and more about rules and mandates that govern how a number is presented. Gift Yourself 12 MinutesOctober 1st, 2009 by Stewart McKie - Executive Advisor
Campbell Pryde, Chief Standards Officer of XBRL US, has been presenting at the recent National Information Exchange Model (NIEM) event in Baltimore. In a Tweet from the conference, Mr. Pryde said: campbell pryde: using #XBRL to comp. top 12 assets of financial companies, it took 15mins, 12mins was spent figuring our excel We know how to cut that 15 minutes to just 3. It’s called CrossView and CrossView lets you compare the financials of SEC corporate filers without the need for importing and massaging data in Excel. There’s no need for macros and formulas and naturally you can always export data from CrossView into Excel if you wish. So please. Use CrossView. Gift yourself those precious 12 minutes. Just think what you can do with 12 minutes: Gaze at the night sky, smell the autumn leaves, break out that pogo stick you have hiding under your desk and see if you can make it to Starbucks… |
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