A Contract for Emissions Monitoring

December 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 »




Data Integrators and Adapters – Helping to Automate Compliance

December 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 »




AICPA Chair Gets XBRL

October 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 »




XBRL & Crossfire make me want to get an MBA in Accounting

October 6th, 2009 by Natalya Kuskin - Senior 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.

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Managing Risk Using XBRL

September 22nd, 2009 by Brian Larson, CPA - Software Quality Engineer

XBRL is gaining momentum as reporting agencies require their constituents to report using the standard. But how about using it within an organization? I used to work in the internal audit department of a major software company and I’ve been thinking about how XBRL can help in that realm.

A good internal audit department audits based on risk. A risky area, say derivatives trading, deserves a lot more attention from internal audit as opposed to a non-risky area, like marketing. Read the rest of this entry »




Comply. Control. Communicate.

September 1st, 2009 by Stewart McKie - Executive Advisor

Rivet has a new tagline: Comply. Control. Communicate.

The new tagline reflects two key messages: That Compliance is just the start of a journey towards financial transformation of your business and that Rivet’s Crossfire Reporting Platform will support you on every stage of the journey.

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