Integrating XBRL Analysis and Tagging Software

August 15th, 2011 by Kris Brands - Assistant Professor of Accounting in the College for Professional Studies, Regis University

Guest blogger Kris Brands, Assistant Professor of Accounting in the College for Professional Studies at Regis University, discusses Rivet Software’s participation at the American Accounting Association’s Annual Meeting


The American Accounting Association (AAA) held its annual meeting last week in Denver. The meeting was attended by almost three thousand accounting professors and accounting professionals with an interest in accounting academics. The conference serves as a premier forum to share information and ideas for accounting higher education. Rivet and I participated in two programs that were very well received. Read the rest of this entry »




Footnote Exhumation

December 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 »




Gift Yourself 12 Minutes

October 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…




Reporting: Back to Basics

August 26th, 2009 by Stewart McKie - Executive Advisor

Every now and then it’s useful to go back to basics to refresh your thinking on a topic. That’s why it’s worth reminding yourself of section 24 of the IASB’s Framework for the Preparation and Presentation of Financial Statements, which discusses the 4 qualitative characteristics of financial statements, namely:

  1. Understandability
  2. Relevance
  3. Reliability
  4. Comparability

Read the rest of this entry »




CrossView: 3 Shot Walk Through

August 25th, 2009 by Stewart McKie - Executive Advisor

Rivet recently released CrossView (read press release) -  a free online tool for finding, viewing and managing SEC XBRL filings that delivers on the promise of interactive data. This post gives you a quick walk-through of the key features using just 3 screenshots from the product.

Read the rest of this entry »