|
|
July 29th, 2011 by Charlie Hymer, CPA - Regional Sales Director
Charlie Hymer, CPA – Regional Account Manager, comments on how to create value in a new era of SEC reporting. Cost is often a big factor in decision making when buying software, but choosing a quick and easy package is oftentimes not the right solution.
Remember the excitement as a kid during the summer when you bought that new toy from The Dollar Store, only to find it broke the very next day? It’s a tough lesson that stays relevant as we move through adulthood and make increasingly significant buying decisions. Read the rest of this entry »
Tags: Crossfire Controller, external financial reporting
Posted in Uncategorized | No Comments »
March 21st, 2011 by Rivet Software
Rivet’s Controller software integrates and streamlines the external financial reporting process to eliminate manual tasks while delivering a superior level of quality control. This solution leverages the power of XBRL to create efficiencies that dramatically improve the workflow of financial reporting cycles. Join us for a quick overview to get a taste of the power of Controller.
| Date & Time: |
Wednesday, March 23, 11:00am-11:45am MT (1:00pm ET) Register » |
Tags: Close to Investor, financial reporting, Financial Reporting Software, SEC Compliance, XBRL Reporting
Posted in Compliance, Products, Solutions, Uncategorized | No Comments »
March 12th, 2011 by Rivet Software
Rivet’s Controller software integrates and streamlines the external financial reporting process to eliminate manual tasks while delivering a superior level of quality control. This solution leverages the power of XBRL to create efficiencies that dramatically improve the workflow of financial reporting cycles. Join us for a 30-minute software demo that will give attendees a taste of how Controller empowers companies with greater control over the close to investor process.
Wednesday, March 23, 2011 | 11:00am-11:45am MDT >>REGISTER HERE NOW
Posted in Uncategorized | No Comments »
March 12th, 2011 by Rivet Software
The vast majority of companies chose to outsource their initial XBRL filings to the SEC. Armed with a little experience and more confidence, many companies are now exploring options for completing these compliance tasks internally. This webinar will present practical advice and insight for determining if your company is ready to transition XBRL internally to your reporting team. Attendees will learn about the time, personnel and technology investments necessary for this transition. This webinar will also explore some of the opportunities XBRL presents for streamlining your company’s financial reporting functions.
Wednesday, March 16, 2011 | 11:00am-11:45am MDT >>REGISTER HERE NOW
Posted in Uncategorized | No Comments »
March 1st, 2011 by Rivet Software
Why is Year 2 so expensive?!? I’ve heard that Year 1 block tagging will take me a minimum of 150 hours to complete and Year 2 detail tagging will take over 300 hours, is that true?!? What do I do if my XBRL package isn’t compatible with my EDGAR software?!? How can I be sure Rivet will be around for the next few years?!?
We know you have some tough questions, so here is your chance to get them answered by the people leading the way at Rivet. Join your peers and members of the Rivet Management Team for a unique Q&A session opportunity. Our panel will be comprised of:
- Barclay Friesen, Chief Operations Officer
- Kevin Berens, Chief Product Officer
- Christy Rohrs, CPA, Director of Education
We’ll be collecting questions prior to the webinar and covering the most popular topics and taking questions live during the webinar. To increase the chance that your question gets answered, email it to us before the session!
Title: Tough Questions, Honest Answers – Open Q&A with Rivet Management
Date: Thursday, March 3, 2011
Time: 3:00 PM – 3:30 PM ET
Register >
We are looking forward to seeing you there!
Posted in Uncategorized | No Comments »
February 9th, 2011 by Patrick Quinlan - CEO (2010-2011)
Concern has been circulating regarding the ability and readiness of public companies and service providers to meet the SEC’s XBRL filing requirements for first time Wave 3 filers and Wave 2 filers expanding their XBRL filings from block note tagging to detail footnote tagging. Dominic Jones of the IR Web Report published an article highlighting the grievances that have been voiced, perhaps most notably by The Committee on Corporate Reporting (CCR) of Financial Executives International (FEI). In a letter written by the CCR to SEC chair Mary Shapiro, the committee calls for a grace period to allow filing companies to submit XBRL files up to one week after filing their 10-Qs and 10-Ks as well as an extension on limited liability due to insufficient tools available to review XBRL files before submission.
Respectfully, we disagree. Read the rest of this entry »
Posted in Uncategorized, XBRL | 1 Comment »
January 26th, 2011 by Neal Hannon - XBRL Consultant and Strategist
A special thanks to Neal for sharing his insight with us, and our readers. Neal Hannon is an XBRL consultant and the former Director, Financial Reporting Technologies for the Financial Accounting Foundation (FAF). Active in the XBRL community since 2000, he served on the first XBRL US steering committee and has written many articles on XBRL.
At the most basic level, we are atoms. Atoms organize into DNA at the cellular level, providing the code to our life. The DNA of a corporation can be interpreted by outsiders through the financial statements of the corporation provided that the “atoms” of data that link up to external financial information are directly linked to the core business transactions.
In the pre-electronic age of accounting, ledgers were the primary point of accounting entry. Sales transactions would be written up by salesmen and entered by accounting clerks into the sales ledger. The record of the sale could be considered “atomic” data. When the sales journal was closed to the general ledger and subsequently transferred to manual financial statements, the financial condition of the company could be measured. After a review by the accounting team and the auditors, the resulting manual reports were then copied on paper and mailed to the SEC. The company DNA was “read” by consuming the financial statement in their entirety. Our business microscopes were not powerful enough to read into individual items at the atomic level.
Read the rest of this entry »
Posted in Uncategorized, XBRL | 1 Comment »
January 21st, 2011 by Stewart McKie - Executive Advisor
I wonder how chairman of the S.E.C., Mary Schapiro, feels about being sandwiched between the UK’s chancellor of the exchequer George Osborne (saviour of our economy – or Rasputin depending on your viewpoint) and the governor of the Bank of England Mervyn King (a man with only one thing on his mind – i.e. auditing).
What am I talking about? Why the Financial Power List 2011: Accounting Intelligence of course - the annual top-10 of movers and shakers in the accounting world published by Accountancy Age.
Ms. Shapiro will no doubt get great satisfaction from the knowledge that very probably no other Lady in the world has been in such a position before (and very probably never will be). But at least she is on the list, flying the flag for the USA and for XBRL and Interactive Data. And she can take comfort from the fact that apparently all it takes to move up this esteemed list is to ‘decide to adopt international accounting standards’. A mere nod for Ms. Schapiro, according to the compilers of the list.
My advice to the chairman: don’t drop off at your next big international meeting.
Posted in Uncategorized | 1 Comment »
November 8th, 2010 by Stewart McKie - Executive Advisor
Apparently UK-GAAP is dead – according to IASB Chairman Sir David Tweedie – as UK SMEs prepare to adopt FRSME, the IASB’s International Financial Reporting Standard for Smaller Medium Entities (IFRS for SMES). As opposed to FRSBE, which is the acronym for any financial reporting standard that gets flung around but never held onto long enough to be adopted and FRSKE which is the financial reporting standard for those ‘kewel enterprises’ that the US is so good at creating. And in case you were wondering, FRSME will supplement FRSSE – the Financial Reporting Standard for Smaller Entities – which was presumably invented in the big hair decade of the 80′s.
Tags: IASB, standard, UK
Posted in Uncategorized | 1 Comment »
September 1st, 2010 by Rivet Software
If you’re a public company that submits filings to the SEC, then you’ve either already filed using XBRL or you soon will be. XBRL is the future for business filings whether you’re a public company, a mutual fund or an international consortium and you need to know some best practices as you move forward.
This webinar will cover topics we feel would help both current and future SEC filers using XBRL. We will discuss how to improve your XBRL filing process including your review process and how to educate your organization. Please join us for this helpful and informative webinar.
Title: Best Practices for Your XBRL Filing
Date: Wednesday, September 8, 2010
Time: 10:00 AM – 11:00 AM MDT
Register >>
We are looking forward to seeing you there!
Your Rivet Team
Tags: webinar
Posted in Uncategorized | No Comments »
|
Subscribe to Feed