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SEC Final Ruling
A few known facts from the final ruling for the Interactive Data for Mutual Fund Risk/Return Summary that you might be interested to know: Read the rest of this entry »
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Getting ready for the SEC Mandate on XBRL for Mutual FundsDecember 22nd, 2009 by Emily Huang - Co-founder & VP, Business Technology
Rivet customers recognizing the benefits of XBRL for analyzing data takes only secondsDecember 21st, 2009 by Kevin Berens - VP, Products
At a time when most companies are seeking out software vendors to assist them with their XBRL tagging, our customers are seeing not only how Rivet can help them with this process, but also the huge benefit that can be recognized with XBRL. In fact, it is so easy to create these reports, that during our demos, we are turning the controls over to our customers and letting them create these reports. Read the rest of this entry » Creating XBRL reports, so easy a customer can do it (in a demo)December 21st, 2009 by Kevin Berens - VP, Products
Creating a report that compares your company to every company in your SIC code used to be so difficult. You needed to determine the companies in your SIC code. You needed to find the data for each company and download this into an Excel spreadsheet. You needed to then create a bunch of formulas to consolidate this data on a single sheet. And then next quarter you need to do this all over again. Read the rest of this entry » Footnote ExhumationDecember 21st, 2009 by Stewart McKie - Executive Advisor
Some very interesting facts can be buried in SEC filing footnotes – like those dug up by Michelle Leder at footnoted.org in her post Voting is now open for the worst footnote of 2009. But did you know that one of the features (ahem) buried in Crossfire is footnote exhumation? Read the rest of this entry » Connected ReportingDecember 21st, 2009 by Stewart McKie - Executive Advisor
Here at Rivet we understand that in today’s world, business reporting is about more than just the financial numbers. It’s also about at least two other “impact” dimensions: Environmental and Social. So continuing our post-Copenhagen theme, I wanted to update you on the Connected Reporting initiative from Accounting for Sustainability. Read the rest of this entry » A Contract for Emissions MonitoringDecember 20th, 2009 by Stewart McKie - Executive Advisor
Charlie Hoffman’s recent blog post A Contract for Meaning raises the interesting point that One form of writing an information exchange contract is an XBRL taxonomy, which got me thinking about Copenhagen, transparency and the Internet of Things. Read the rest of this entry » Plato and XBRLDecember 19th, 2009 by Stewart McKie - Executive Advisor
Daniel Roberts recently posted an interesting blog on XBRL and the case for iXBRL called The Logic and the Logical Cave Wall so I thought I would add a few of my own ‘random comments’ on this topic and take issue with a few statements made – just to stir things up a little… Read the rest of this entry » Public Comments Sought on 2010 Mutual Fund Risk/Return Summary Taxonomy by the SECDecember 11th, 2009 by Emily Huang - Co-founder & VP, Business Technology
On December 10th, the SEC announced the release of a draft 2010 Risk/Return taxonomy and some sample instance documents with the “rendered” reports for public review. The 2010 Mutual Fund Risk/Return Summary Taxonomy has been developed as an update to the 2008 Mutual Fund Risk/Return Summary Taxonomy. The updates provided in this release have been developed primarily to Read the rest of this entry » Data Integrators and Adapters – Helping to Automate ComplianceDecember 10th, 2009 by Keith Gardner - Software Quality Engineer
Some of the most intriguing functions in our new Controller package, are the data integrators and adapters. What they do is enable you to automatically transfer data early in the financial reporting process. And that has lots of useful benefits. Read the rest of this entry » It’s All About Software (2)December 3rd, 2009 by Stewart McKie - Executive Advisor
As the UK prepares for filing tax returns in iXBRL the press is whipping up a media frenzy about battles between software companies and accountants. They obviously didn’t read my previous post, It’s All About Software. I know the software I use to do my UK tax filings is already testing its iXBRL output capability, so all this looks like nothing more than a slight draught in a rather large teacup. |
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