Errors Persist Into 2014 Year-End XBRL Filings
Image: With another round of annual reports mostly filed through the early part of 2015, experts are assessing the quality of XBRL filings—and seeing not much improvement. Scale errors continue to be the most common problem, says Alex Rapp, co-founder of Calcbench. “Unfortunately, many filers don’t appear to realize this ...
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Q&A: The Battle for Better Disclosure Data
Image: As part of our ongoing series of conversations with compliance and risk experts, we spoke with Hudson Hollister, founder and executive director, Data Transparency Coalition, a trade association pursuing the publication of government information as standardized, machine-readable data. Hollister talks about the SEC’s efforts to modernize its disclosure regime ...
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Basic PageTrump wants SEC to toss quarterly reporting requirement
President Donald Trump is pushing for a shake-up in corporate reporting rules, calling on companies to file earnings with the SEC only twice a year instead of every quarter.
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News BriefDOJ, SEC charge owner of Pennsylvania companies of running $770M Ponzi scheme
The majority owner of a Pennsylvania investment firm faces 100 years of prison time and huge fines for allegedly running a $770 million Ponzi scheme centered on an ATM company he also owned.