XBRL Blog Magazine

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Updated: 14 weeks 1 day ago

iPlatforms and XBRL

February 3, 2010 - 3:04pm
Bain Capital Venture’s recent $12m investment in EDGAR Online is clear evidence that wary software industry investors are starting to believe in the potential of a global financial ecosystem based on XBRL-tagged data. But I think there’s another reason for this confidence in the future of XBRL. Savvy tech-industry watchers also recognize that the proliferation of ‘iPlatforms’ means many more ways to deliver useful financial information by leveraging XBRL

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XBRL and Augmented Reality

February 3, 2010 - 4:41am
Once again, no-one invited me to Davos this year, so I’ve been spending my time noodling about XBRL analytics and in particular the visualization of XBRL data. Which led me to this odd couple: XBRL and Augmented Reality. By the way, I think Walter Matthau is perfect for the part of XBRL.

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Categories: XBRL News

Myths and Legends of XBRL

February 2, 2010 - 2:24pm
I love round-up articles. You know, those pieces so beloved by editors that give a snapshot of a topic from different perspectives. That’s why this one - Regulators are champions of XBRL – fresh and pink in the Financial Times, caught my eye.

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Categories: XBRL News

The Sunshine Boys

February 2, 2010 - 2:20pm
When I saw the SEC Climate Portal on a Google search results page, I mistakenly thought this was the US S.E.C.’s rather than the Singapore Environment Council’s climate change portal. But I wonder how long it will be before we do see an S.E.C. climate portal?

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Categories: XBRL News

Ez-XBRL – Simplifying XBRL!

February 2, 2010 - 2:14pm
Ez-XBRL Solutions, a Virginia-based company founded by entrepreneurs with significant experience in regulatory filings business has launched Ez-XBRL, their product for easing the complex process of XBRL filings.

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Categories: XBRL News

A Developing Country That Can Teach Hawaii an IT Strategy Lesson

February 1, 2010 - 11:48pm
Vietnam is in the process of upgrading the entire country’s IT system. With support from organizations such as the World Bank, Vietnam is rebuilding not only physical infrastructure, but also starting from the ground up building new IT systems – including a large scale virtualization strategy.

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Categories: XBRL News

Poll Sheds Light on How Cos. Are Coping With XBRL

February 1, 2010 - 11:47pm
Public companies preparing to comply with the mandate to tag their financials in XBRL may have their work cut out for them initially, but it gets easier the second time around, according to recent survey of more than 200 public company executives.

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Categories: XBRL News

SEC XBRL Mandate Part II – Be Afraid, Be Very Afraid

January 31, 2010 - 2:02pm
The first year of XBRL filing only requires the first level of detail. The next year's filing will require all four levels of detail – a huge, possibly 10x, increase in tags as revealed in these public comment letters submitted to the SEC.

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Categories: XBRL News

How Oracle Supports XBRL

January 31, 2010 - 1:58pm
While grabbing my afternoon cookie and coffee, I ran into our resident accounting expert, Seamus Moran. I asked him if he could elaborate on how Oracle Applications supports XBRL reporting.

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Categories: XBRL News

My Davos Contribution: How Finance and XBRL Can Restart Sustainable Growth

January 28, 2010 - 3:03pm
As I’m enjoying outstanding Belgian cuisine with the family of a CLOUD, Inc. colleague after a day of meetings about how computer standards can improve the clarity and efficient use of information and provide for more accurate evaluation of the trust that one might place in information, a 500-mile drive south of here the world’s financial leaders are contemplating the future of finance.

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Categories: XBRL News

It is NOT different this time, and XBRL will not avoid the coming crisis

January 27, 2010 - 12:47pm
There has been a lot of discussion suggesting that if there had been an XBRL taxonomy for MBSs and other CDOs (etc) and a taxonomy for government stimulus spending, that somehow the next crisis can either be averted or reduced - that the lack of transparency was a cause of the last crisis, and will contribute to the next.

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Categories: XBRL News

Obama Can Revolutionize Government Through Democratizing Data

January 26, 2010 - 11:35pm
From my vantage point in Boston, I prefer to look to an earlier period in Bay State politics, before Scott Brown's election, for a possible model to deal with the new realities the Obama Administration faces.

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Categories: XBRL News

XBRL for Filers: Implementing XBRL for SEC Reporting

January 26, 2010 - 7:41am
This webinar is designed to help companies implement XBRL for SEC reporting and will include key steps, decisions and considerations for implementing XBRL, how to use a taxonomy, how create XBRL-formatted financial statements and lessons learned from SEC filings submitted to date.

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Categories: XBRL News

Poll Sheds Light on How Cos. Are Coping With XBRL

January 26, 2010 - 5:15am
Public companies preparing to comply with the mandate to tag their financials in XBRL may have their work cut out for them initially, but it gets easier the second time around, according to recent survey of more than 200 public company executives.

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Categories: XBRL News

The Potential of XBRL in Federal Financial Reporting

January 26, 2010 - 1:17am
For 20-plus years, I have struggled to learn Japanese. A primary challenge has been to remember some 2,000 characters Japan imported from China. Because they derive from ideograms (ie, graphic symbols of ideas), like many students, I have tried to remember the character by looking for the graphical elements of meaning still present within it.

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Categories: XBRL News

The Seamless Audit Trail

January 25, 2010 - 1:48pm
Eric Cohen and other XBRL-GL evangelists have been advocating the idea of a seamless audit trail for some time now. Potentially there’s a lot of complexity to this idea involving metamodels of ERP data in UML and so on. But I’m a simple person, so I tend to think of the seamless audit trail as a refinement of a basic function of any accounting or financial reporting software package: Drilldown.

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Categories: XBRL News

Rivet Software Names Patrick Quinlan CEO

January 25, 2010 - 1:44pm
Rivet Software, a Denver-based company pioneering the future of global financial communications, announced that Patrick Quinlan has been promoted from President to Chief Executive Officer. Quinlan replaces Mike Rohan, who remains as Chairman, effective immediately.

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Categories: XBRL News

Interview with Mr. Patrick Quinlan President of Rivet Software

January 25, 2010 - 1:59am
Patrick Quinlan is the President of Rivet Software, a Denver, Colorado-based company that is pioneering the future of global financial communications. Patrick comes to Rivet as a business executive with a proven track record of startup development, funding strategies, and capital investment success. He brings experience in the small and emerging business space and is skilled in executing strategic planning, performing market analysis, and guiding new product development. As the CEO of several...

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Categories: XBRL News

Open Analytics Tour

January 22, 2010 - 6:24am


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Categories: XBRL News

Choosing an XBRL Solution: Outsource vs. In House

January 21, 2010 - 3:13pm
The advancement of eXtensive Business Reporting Language (“XBRL”) technology along with the three-wave SEC mandate for submitting financial information as interactive data has created a tsunami for external reporting professionals at public companies. The first year interactive data SEC filing requirement has been commonly referred to as block tagging. This means that in addition to tagging the body of the financial statements the individual footnotes are each block tagged with an appropriate...

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Categories: XBRL News

XBRLSpy for iPhone

About XBRLSpy

Diane Mueller is the founder of XBRLSpy Research Inc. She is an XBRL Evangelist, and a XBRL Implementation Strategist. Currently serves on the XBRL International Steering Committee and Best Practices Board, and chairs the Technical Working Group on Rendering responsible for the Inline XBRL Specification. She is a frequent commentator and lecturer on Financial Compliance, XML Standards and Semantic Web technologies. Read more..

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