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 ensure timely and accurate filings using software that scales to detail tagging.  This Wave 1 and 2 double whammy will separate the XBRL experts from the wannabes.  Now is a good time to evaluate your XBRL vendor/printer to ensure your filing will not get lost in the mix.  But how do you do your due diligence?  What should you expect from your provider?  This is not a quantifiable question or answer, unfortunately. Read the rest of this entry »

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 bias.  But I am a Certified Public Accountant (CPA-13440) and have a strong loyalty to my fellow accountants.  We are always under constant scrutiny and are asked to do more with less.  We are once again in the hot seat with XBRL.   Read the rest of this entry »