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XBRL news from FierceSarbox

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These are busy times, don't forget XBRL

For the moment, International Financial Reporting Standards (IFRS) is at the top of everyone's worry list. But a Compliance Week survey reminds us that the SEC has published a proposal to mandate Read more...

SEC moves ahead with XBRL

As expected, the Securities and Exchange Commission has announced that it will propose a rule that would require large firms (a public float of more than $5 billion) to use XBRL (extensible business Read more...
Tags: XBRL   SEC  

ALSO NOTED: In biotech, lots of pessimism about compliance; Sarbox can be an earnings driver;

> Rogue employee hit bank; are you protected from such employees? Article > XBRL and higher audit fees. Read more...

Smart money betting on XBRL mandate soon

The likes of Microsoft, General Electric and Ford are already filing information in XBRL. One might bet that a formal requirement is an inevitability. Or a bet that such reporting is a just a good Read more...
Tags: shareholders   XBRL   banks  

XBRL making slow gains

I know I sound like a broken record on this, but Extensible Business Reporting Language (XBRL) is a reality. According to cfo.com, the new electronic filing language is scheduled to debut Dec. 5th, Read more...
Tags: CFO   Grant Thornton   XBRL  

ALSO NOTED: BPM one of Gartner's top 10 strategic technologies; Advice: Sarbox costs here to stay;

> PCAOB lists 11 things small audit firms need to look out for. Article> Advice: Sarbox costs here to Read more...

XRBL to become mandatory soon?

Have you been experimenting with Extensible Business Reporting Language? Have you even heard of XRBL? Most of you likely have. And somewhere in your organization, someone has likely built up some Read more...
Tags: SEC   XBRL  

Do you need help with your SEC filings?

Sarbanes-Oxley seems to have played a role in forcing companies to get more focused on their filings. The window in which they must file has been shortened over the years, and there is precious Read more...
Tags: XBRL   service providers  

Update: Interactive financial reports

The movement to adopt interactive financial reports, which most agree is a good idea, has not really taken off in the U.S. Extensible Read more...

ALSO NOTED: Ernst & Young has avoided an Arthur Andersen-like fiasco; Cox to AG: what would happen to XBRL?;

> For the moment, Ernst & Young has avoided an Arthur Andersen-like fiasco. Four current and former employees have been charged with tax fraud conspiracy over their work on dubious Read more...