XBRL software and solutions provider, CoreFiling, has announced limited pre-release availability of Touchstone, a unique tool designed to help SEC filers ensure that their Interactive Data submissions accurately reflect their financial disclosures and meet new compliance rules.
Creating an XBRL report involves making a large number of tagging and definition choices that determine how regulators and investors will interpret a company’s material disclosures. Touchstone provides an easy way to review those choices and a robust process for identifying anomalies and errors before they are released to the market and the SEC. The tool makes it simple for accountants to browse through drafts of their interactive data documents, even highlighting changes between versions.
