Category: GAAP

SEC Issues Additional C&DI On Use Of Non-GAAP Measures
  • Admin
  • May 09, 2023
As the SEC continues to focus on how public companies use non-GAAP measures, they have issued updated Compliance & Disclosure Interpretations (C&DIs) regarding their usage. Non-GAAP financial ....
OTC Pink Alternative Reporting Issuers May Now Qualify for the OTCQB Venture Market
  • Shelby Wayment
  • Apr 01, 2017
OTC Markets recently announced that OTCQX companies that currently utilize the Alternative Reporting Standard (ARS) may be eligible to trade via the OTCQB Venture Market if they meet a certain tempora....
Impact of the XBRL Limited Liability Clause Expiration
  • Dan Carter
  • Mar 03, 2015
Since October 2014, XBRL exhibits submitted by public companies have carried the same liability provisions as HTML filings under the anti-fraud provisions of the Securities Law. Rule 406T by the SEC r....
XBRL HR 37 Exemption for Small Companies Rejected
  • Dan Carter
  • Jan 16, 2015
On the second day of the year, U.S. House of Representatives failed to pass HR 37, "Promoting Job Creation and Reducing Small Business Burdens Act". HR 37 would have exempted small public companies wi....
Side-by-Side Analysis of XBRL
  • Admin
  • Mar 15, 2014
Colonial recently performed a side by side analysis of XBRL in 10-Q and 10-K filings submitted by our competitors. The analysis presents two examples where incorrect tags were placed and the potential....