• XBRL comments pour in...

    Posted December 13, 2011 - 7:22 pm

    If your company is among those reporting in XBRL, or eXtensible Business Reporting Language, you'll want to know about the suggestions and recommendations received by the American Institute of CPAs in response to its exposure draft, called "Proposed Principles and Criteria for XBRL-Formatted Information." The draft, issued in June, was intended to present the approach to be used by accountants evaluating information presented in XBRL. "The XBRL principles and criteria represent a means for assessing the quality of XBRL Files," the draft states. The comment period ended Nov. 30, after having been extended from its original time frame of 45 days.
  • XBRL group offers $20K for best open source app

    Posted July 12, 2011 - 2:00 pm

    The XBRL US consortium is offering $20,000 to the individual or group that develops the most innovative application for reading XBRL-tagged financial data.
  • What you missed: Businesses are resisting the XBRL mandate

    Posted December 31, 2010 - 10:55 am

    While almost no one would argue that standardization isn't a good thing, some companies have decided that automating with the data standard is simply too complex and thus aren't complying.
  • What you missed: The top sleeper tech stories of 2010

    Posted December 31, 2010 - 10:08 am

    Apple's quiet enterprise ascendance, looming ERP-like disasters in health care, the solution to a big security hole, and more didn't get the media attention they deserved -- until now
  • SAP gets deeper into XBRL with software acquisition

    Posted December 16, 2010 - 6:01 pm

    SAP said Thursday it is acquiring software for handling XBRL (extensible business reporting language) requirements from German vendor Cundus. Terms of the deal, which is expected to be completed this year, were not disclosed.
  • QuickStudy: Extensible Business Reporting Language (XBRL)

    Posted October 5, 2009 - 3:13 pm

    XBRL is a version of XML defined to meet the requirements of business and financial information. With XBRL, unique identifying tags are applied to financial data items.
  • Survey: Most companies ready for SEC conversion

    Posted May 8, 2009 - 11:38 am

    At least 340 of the estimated 500 public companies required by the U.S. Securities and Exchange Commission (SEC) to begin filing financial data in the XBRL format in June have made the conversion, according to a survey from XBRL US, a nonprofit standards group.
  • Free the Data: eGov and Open Standards

    Posted March 12, 2009 - 2:33 pm

    When President Obama appointed his new federal CIO, Vivek Kundra, last week, Kundra announced ambitious plans to "democratize" federal government data by making it accessible in open formats and in data feeds. His plan calls for the creation of a single point of access to all public federal information.
  • Will Obama’s Technology Push Extend to Financial Regulators?

    Posted January 21, 2009 - 3:01 pm

    Obama’s technology-savvy election team worked very effectively to leverage a new world order of YouTube, social networking, and blogging tools to promote his agenda, connect with a nation of voters, and raise campaign funds. But does he really know what it’s going to take to overhaul and connect all the disparate government information systems? He has certainly raised hopes and set expectations high for both the technology and financial sectors.
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