Category: XBRL (eXtensible Business Reporting Language)

How to Remain Compliant with XBRL Financial Reporting
  • Admin
  • Jan 07, 2017
Many companies and consultants help others comply with eXtensible Business Reporting Language (XBRL) formatting. You may not know everything about XBRL, but it’s a good idea to learn from your provi....
Proposed Rule on Executive Compensation and Performance
  • Dan Carter
  • May 21, 2015
Shareholders Can Gain a Better Understanding of Corporate Governance On April 29, 2015, the SEC proposed a ruling that would require corporations to disclose the relationship between executive pay an....
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....
SEC Launches Pilot Program for XBRL
  • Admin
  • Feb 19, 2015
Program Will Provide "Combined Data Sets" for Use by Investors and Analysts In December, the SEC announced the unveiling of a program that will allow investors and analysts to have an easier time ana....
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....
5 Tips for XBRL Compliance
  • Dan Carter
  • Jun 04, 2011
Currently, thousands of companies or their consultants are dealing with the burden of filing financials in XBRL (eXtensible Business Reporting Language) formats. We have several tips gathered from ....