Title: XBRL for Other Forms^
Link: http://blog.compsciresources.com/2014/05/xbrl-for-other-forms.html^
Date: 21 May 2014^
Details: The introduction of XBRL has not only improved transparency, but also a way for investors to more efficiently process and use corporate information. Is it time to start thinking about what benefits we can realize by filing the 8-K, N-Q, and 6-K in XBRL?^
Title: DATA Act, part 4: Unanimous House passage^
Link: http://blog.compsciresources.com/2014/04/data-act-part-4-unanimous-house-passage.html^^
Date: 29 Apr 2014^
Details: Yesterday, the DATA Act was unanimously passed in the first vote of the U.S. House of Representatives’ 2014 Spring Session. This follows unanimous passage by the Senate earlier this month, and now the landmark legislation is on its way to President Barack Obama.^
Title: Rank and Filed | SEC filings for humans^
Link: http://blog.compsciresources.com/2014/04/rank-and-filed-sec-filings-for-humans.html^
Date: 23 Apr 2014^
Details: Rank and Filed currently "collects, links and presents data from different SEC filings" and makes it easy to access and understand. As such, it illustrates that XBRL data can be presented in a way that is understandable to the average person.^
Title: DATA Act, part 3: Senate passage update^
Link: http://blog.compsciresources.com/2014/04/data-act-part-3-senate-passage-update.html^
Date: 10 Apr 2014^
Details: This afternoon, a significant stride towards data transparency was made when the U.S. Senate voted unanimously to approve the DATA Act. Read more about this particular update and about the DATA Act in general here.^
Title: Top 10: Other Industries XBRL Can Impact, XBRL-Gclef^
Link: http://blog.compsciresources.com/2014/04/top-10-other-industries-bonus-round.html^
Date: 01 Apr 2014^
Details: CompSci software engineers propose revolutionizing the music industry with XBRL-Gclef, an innovative taxonomy for music notation. After years of development, standard features include using durations to specify the exact moment in time that a note should occur, and note lengths that can last years.^
Title: Top 10: Other Industries XBRL Can Impact^
Link: http://blog.compsciresources.com/2014/03/top-10-other-industries-xbrl-can-impact.html^
Date: 11 Mar 2014^
Details: The implementation of XBRL, both in the United States and worldwide, has led to discussions about what other industries would benefit from implementing a variation of the XML-based language. The list here was compiled to highlight possible additional applications for XBRL.^
Title: Medical Coding and XBRL^
Link: http://blog.compsciresources.com/2014/02/medical-coding-and-xbrl.html^
Date: 27 Feb 2014^
Details: The world of healthcare has many complexities and nuances. At the center of much of this is information, and more information than most industries combined. XBRL could be an "experienced" solution to track health trends, reduce overhead/administrative costs, and more.^
Title: DATA Act, part 2: Will it help? XBRL?^
Link: http://blog.compsciresources.com/2014/02/data-act-part-2-will-it-help-xbrl.htm^
Date: 12 Feb 2014^
Details: Lately, there has been quite a bit of news about the DATA Act. Now we answer the following: Will the DATA Act improve reporting? What will the DATA Act mean for the XBRL community?^
Title: DATA Act, part 1b (proposed OMB mark-ups)^
Link: http://blog.compsciresources.com/2014/01/data-act-part-1b-omb-response.html^
Date: 30 Jan 2014^
Details: A version of the DATA Act, marked up by the White House OMB, was leaked. The proposed changes would remove key sections of the bill and undermine one of the principle goals of the act: to standardize how government spending is reported in order to make it transparent, and to hold federal agencies accountable for their spending.^
Title: DATA Act, part 1^
Link: http://blog.compsciresources.com/2014/01/digital-accountability-and-transparency.html^
Date: 23 Jan 2014^
Details: With new information coming out every day about the DATA Act it can be difficult to keep up with its details and current status. Here's a recap.^
Title: The Fire-Round^
Link: http://blog.compsciresources.com/2013/12/the-fire-round.html^
Date: 12 Dec 2013^
Details: The most-effective method to addressing "meeting creep" is the "Fire-Round". The idea is simple, nothing ground-breaking in reality. But like many good ideas, the “magic” could be in the simplicity.^
Title: The State of XBRL: Asia & Beyond...^
Link: http://blog.compsciresources.com/2013/11/the-state-of-xbrl-asia-beyond.html^
Date: 20 Nov 2013^
Details: Having previously discussed the current state of XBRL in the United States and Europe, we will wrap up the conversation by focusing on XBRL developments in Asia and the rest of the globe.^
Title: XBRL: Amending Extensions^
Link: http://blog.compsciresources.com/2013/11/xbrl-amending-extensions.html^
Date: 07 Nov 2013^
Details: In a previous blog, "Extending Taxonomies", we discussed the both the value and complications that XBRL extensions present. This follow-up article offers some proposed solutions.^
Read more >
Title: The Challenge With Young Investors^
Link: http://blog.compsciresources.com/2013/10/the-challenge-with-young-investors-pt-1.html^
Date: 23 Oct 2013^
Details: A year ago, I had the opportunity to go to the ICI General Membership Meeting. What has stuck with me the most was a common theme throughout the entire conference: How do mutual fund managers market their products to the younger generation?^
Title: XBRL: Extending Taxonomies^
Link: http://blog.compsciresources.com/2013/10/extending-taxonomies.html^
Date: 08 Oct 2013^
Details: Companies occasionally find that the US GAAP cannot fully explain their filings. When this happens, filers may elect to amend the taxonomy by assigning extensions. This extension taxonomy is necessary and valuable. However, improper utilization or overuse of extensions also carries negative implications for both filers and investors.^
Title: The State of XBRL - Europe^
Link: http://blog.compsciresources.com/2013/09/the-state-of-xbrl-europe.html^
Date: 25 Sep 2013^
Details: Following up on The State of XBRL - United States, we will continue by examining how the specification has been utilized in Europe. Whereas XBRL usage in the United States and Asia has found its niche mainly in capital markets, European stakeholders have applied the reporting language more broadly, in an assortment of inter-government and cross-border usage.^
Title: Accounting for the Calculation Conundrum^
Link: http://blog.compsciresources.com/2013/09/accounting-for-calculation-conundrum.html^
Date: 18 Sep 2013^
Details: Accounting calculations are complex, detailed and at times confounding. Throwing in the diverse variables introduced when attempting these calculations in XBRL can push the complexity over the cliff, with some scenarios being impossible to resolve within XBRL's limitations. Read "A Calculated Risk" by Shawn Rush to help give you some clarity.^
Title: A Calculated Risk: Explaining XBRL Calculations^
Link: http://www.compsciresources.com/techpapers/calculations/calculations1.html^
Date: 17 Sep 2013^
Details: Few in the XBRL community would disagree that calculations are one of the more confusing and frustrating aspects of the specification. Hopefully we can shed some light on those details by reviewing not only the basics of creating calculations, but also certain scenarios that are either tricky or downright impossible given the current limitations of the specification.^
Title: Uncovering Anomalies: 9W Search and Amazon^
Link: http://blog.compsciresources.com/2013/09/uncovering-anomalies-9w-search-and.html^
Date: 04 Sep 2013^
Details: Marc Strausberg, CIO and co-founder of the analytics tool 9W Search, recently wrote an interesting blog about Amazon’s recording of Research and Development Expense. It was interesting because Amazon did not record any values for us-gaap:ResearchAndDevelopmentExpense. Instead, they used an extension concept which appears to have a similar business meaning to R&D.^
Title: The State of XBRL- XBRL in the United States^
Link: http://blog.compsciresources.com/2013/08/the-state-of-xbrl-xbrl-in-united-states.html^
Date: 21 Aug 2013^
Details: After close to a decade of preparation, the SEC completed its three-stage implementation plan for all US filers in June 2012 when the smallest reporting companies began filing with fully-detailed note sections. Today currently over fifteen thousand public companies and eight thousand banking institutions use XBRL to submit financial data to the SEC. With XBRL fully implemented, companies and analysts are developing ways to use the interactive data.^
Title: XBRL Audit: The Future is Now^
Link: http://blog.compsciresources.com/2013/08/xbrl-audit-future-now.html^
Date: 08 Aug 2013^
Details: In the coming weeks and months the last remaining companies that currently enjoy temporary XBRL legal liability immunity will see their grace periods come to an end. This will create a very real and immediate need for an XBRL audit process, and with that accurate, speedy and cost-efficient software tools.^
Title: Negation Made Simple^
Link: http://www.compsciresources.com/techpapers/negation/negation.html^
Date: 09 Jul 2012^
Details: One aspect of XBRL that seems to perplex many people who generate XBRL exhibits is negation. While negation may seem mystifying to many accountants, it is an idea that each of them tacitly understands.^
Title: The XBRL World in 2012^
Link: http://blog.compsciresources.com/2011/12/xbrl-world-in-2012.html^
Date: 15 Dec 2011^
Details: Every year, The Economist publishes their annual "The World in xxxx" edition, and they make predictions about the economic and political situations in the world in the short-term future. Here's our version for XBRL in 2012.^
Title: Response to FEI's Open Letter^
Link: http://blog.compsciresources.com/2011/12/response-to-feis-open-letter-to-sec.html^
Date: 01 Dec 2011^
Details: The Committee on Corporate Reporting of FEI has sent a high-profile letter to the SEC requesting that certain detailed tagging requirements be eliminated. XBRL is still in its infancy. We should give the standard time to develop and grow before it is dismissed as simply a compliance burden.^
Title: How XBRL is like the NFL^
Link: http://blog.compsciresources.com/2011/12/xbrl-world-in-2012.html^
Date: 28 Nov 2011^
Details: Every so often the SEC issues a report on how filers are complying with the EFM. Below, I have detailed some of the XBRL filing issues which the SEC has noted as being particularly problematic for some filers against the backdrop of the NFL.^
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