Accountants are always looking for ways to automate, streamline, gain efficiency, and do more with less. Adding XBRL to the game doesn’t change this tendency-the trend so far has been to outsource the XBRL function. Compliance, though, can’t be outsourced. The review process becomes more critical and time consuming with this additional requirement, even if [...]

I recently posted the blog, XBRL Accountants in the Hot Seat and thought that I should spend a little more time on the “going” concern of XBRL vendors.  With the upcoming detail tagging mandate for Wave 1 filers and the Wave 2 mandate hitting at the same time, XBRL vendors will be working hard to [...]

With detail tagging just around the corner for Wave 1 filers, the initial filing for Wave 2 this year, and Wave 3 filers starting to get on board, it is critical that accountants continue their education on XBRL and their current vendor.
Yes, I represent one of these vendors, Rivet Software.  Yes, I do have a [...]

The Cloud Report is a validation tool created by a third party to assist with the XBRL filing process. In fact, some printers use this tool as their validation tool for their XBRL clients. Rivet currently uses its own proprietary tool to perform this function and does not rely on a third party for its [...]

The cloud of fear surrounding the next phase of the XBRL Mandate, Detail Tagging, has been growing darker as vendors release the numbers on just how many tags are going to be required to be compliant. The truth is, some companies’ notes have a whole lot of numbers (sometimes in the thousands) that are going [...]