Latest From Our Blog On Compliance Reporting And SEC Mandate


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Nothing Beats Happy Customers: Our Clients Speak!

Nothing Beats Happy Customers: Our Clients Speak!The initial years of the SEC XBRL mandate saw most companies outsource their XBRL and EDGAR HTML to…


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4 Strategies to Improve the Effectiveness of Collaborative SEC Reporting

4 Strategies to Improve the Effectiveness of Collaborative SEC ReportingPreparing and filing compliance reports with the SEC has always been a…


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Getting started with iXBRL for SEC Compliance Filing

Getting started with iXBRL for SEC Compliance FilingOn June 13 2016, the US Securities and Exchange Commission (SEC) announced its plans to roll out…


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Are your SEC XBRL and EDGAR filings in sync with each other?

Are your SEC XBRL and EDGAR filings in sync with each other?With companies going global and looking to expand in an ever-changing economic scenario,…


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California Votes for Structured Data

California Votes for Structured DataThe California Assembly passed a bill earlier this month that will set their state on the path to…


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The “i” in iXBRL – and how it changes your SEC filings

The “i” in iXBRL – and how it changes your SEC filingsAs the SEC’s iXBRL mandate starts to take effect, we take a look at what changes this…


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4 Steps for an Easy Transition to iXBRL

4 Steps for an Easy Transition to iXBRL Starting in 2011, the SEC began requiring public companies to submit their financial statements in a separate…


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IRIS Clean Data: Smart analytics bundled with IRIS CARBON®

IRIS Clean Data: Smart analytics bundled with IRIS CARBON® “If you can’t measure it, you can’t improve it.”- Anonymous Every CFO who has ever…


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Disney’s Fairy Tale … Ending? Whistleblower accuses company of cooking books for years

Disney’s Fairy Tale … Ending? Whistleblower accuses company of cooking books for yearsViews are flying fast and furious about Disney, since the…


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On adopting a healthy regulatory compliance culture into your business

On adopting a healthy regulatory compliance culture into your businessWith the financial crisis of Enron and Steinhoff in the distant past, we seem…


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SEC Filings Checklist For Submitting With High Quality

Checklist For Submitting High Quality SEC FilingsIt has been a decade since the Securities and Exchange Commission (SEC) has mandated public listed…


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How is iXBRL different from XBRL?

XBRL Vs iXBRLWhat is XBRL?XBRL or eXtensible Business Reporting Language, is a freely available open technology standard for exchanging business…


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EDGAR systems with its latest update, EDGAR Release 19.2.

EDGAR Filer Manual 19.2 UpgradeThe SEC’s filing platform, the EDGAR system collects, validates and transmits the filings of  listed companies and…


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New Lease Accounting Standard and its impact on reporting

New Lease Accounting Standard by FASBOn February 25, 2016, FASB issued a new accounting standard ASC 842 – Leases, which companies are required to…


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SEC EDGAR Upgrade: Important Note for Q2 filers

New SEC EDGAR UpgradeOn June 10, 2019, the US Securities and Exchange Commission upgraded the EDGAR systems with the version update which is referred…


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SEC Filing with 5 Easy Steps

SEC Filing with 5 Easy Steps Sign up– Sign up with IRIS CARBON® and bid goodbye to all your Regulatory Compliance woes. Collaborate Easily…


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SEC iXBRL Filings for BDCs and CEFs

SEC iXBRL Filings For BDCs And CEFsThe benefits of XBRL data are so huge that since its introduction in 1998, XBRL has become a global phenomenon. As…


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SEC XBRL Filings – The Secret Sauce to Quality

In our years of helping companies file their compliance report with the SEC, one thing for sure is common to most of them-the mad rush to meet the…


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SEC Filing Calendar 2019

We’re sure you are in the midst of balancing business objectives with regulatory demands. We are already at the behest of yet another six…


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Partnership Advantage with IRIS CARBON®

Strategic partnerships are important for your business’s growth, success, and longevity. They give your business a competitive edge, an opportunity…


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SEC Taxonomy For 2019 Is Here

The Financial Accounting Foundation (FAF) and the Financial Accounting Standards Board (FASB) are in charge of the development of the U.S. GAAP…


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iXBRL Filings – An Encouraging Global Trend

One of the most important languages in business is surprisingly never spoken enough. The XBRL reporting standard is a machine-readable format used…


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Your Guide To Opting For The Best SEC Compliance Software

By its very nature, a typical reporting process can be time-consuming. A report like the 10-K has over 20…


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A Tale of Two Cities

Emma, Olivia and Mason are busy preparing their 10-K and the 8-K earning release as per the SEC reporting…


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Why do I need to file in XBRL? Do I really need it?

If there’s one wing of government policies that most organisations love to hate, it is most surely keeping abreast with compliance. And most of…


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Blowing the Whistle: The SEC Whistle-blower Policy

You know something’s not right at work when numbers don’t add up or the documentation doesn’t reflect what you know to be true. The world of…


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Whats the Edgar Filer Manual 18.3 Upgrade all about?

The SEC’s filing platform- EDGAR System collects, validates and forwards submissions by companies to the SEC. In this regard, the SEC has released…


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How to Avoid Filing Amendments to Your 10-Ks & Qs

Companies in the US are coming under great scrutiny by the SEC for any hint of fraud or malpractice for filings submitted by them. The SEC has…


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What Is iXBRL and What Benefits Does It Provide?

  The eXtensible Business Reporting Language (XBRL) is being leveraged world-over by regulators and filers for reporting business and financial…


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Filing a Mutual Fund Document in the XBRL Format? Check for these 3 Common Misses

Let’s begin with the basics. If you are a mutual fund company in the US, you already know that filing EDGAR HTML documents with the SEC is not…


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FASB Releases Proposed 2018 Shared Reporting Taxonomy (SRT)

Financial Accounting Standards Board (FASB) has released the draft version of 2018 Shared Reporting Taxonomy (SRT) which is open for public review…


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Exhibit Hyperlink Rule Kicks-off, Have You Upgraded Your Software?

Since March 2017, the SEC has been up to make the registration statements and periodic reports more informative and insightful for the investors.…


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Attention Compliance Team: New SEC EDGAR Upgrade Important Note For Q3 filers

On July 17, 2017 the US Securities and Exchange Commission upgraded the EDGAR systems with the version update which is referred to as Release 17.2.…


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US GAAP 2018 Taxonomy Is Out For Public Comments

Financial Accounting Standards Board (FASB) has released the draft version of 2018 U.S. Financial Reporting Taxonomy. While the FASB tries to make…


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From a Tactical CFO to a Strategic Business Leader

Tactical activities relentlessly consume time and attention. To free up time for the strategic, you need to consciously change the way you work. “So…


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U. S. SEC Accepts IFRS Taxonomy: 3 Points You Need to Know as a U.S. Foreign Filer

The march of XBRL continues. On March 1, 2017 the U.S. SEC accepted the IFRS taxonomy for XBRL filing and published it on the SEC website as an…


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XBRL Filing: Going from Compliance Cost to Strategic Aide

The high perceived cost of preparing XBRL filings to the U.S. Securities and Exchange Commission (SEC) has caused a stir yet again. The Small…


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Numbers Carry Weight: Why This Is Important For a Quality SEC Filing

The US Securities and Exchange Commission (SEC) is paying a lot of attention to data quality in company filings these days. And one of the most…


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Can Your Validated XBRL Report have Incorrect Data?

The SEC’s drive on data quality is going from strength to strength with each day.  With a 64% drop in errors in XBRL filings of Q1 2016 compared to…


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Decided to Prepare Your First Inline XBRL Filing: What’s Next?

By announcing voluntary filing in inline XBRL in June 2016, the SEC has moved a step closer to its commitment to data quality. What is particularly…


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5 Easy Inline XBRL Tagging Rules to Master Your SEC Filing

The SEC’s announcement on voluntary filing of financial statements in Inline XBRL or iXBRL, has sharply thrown the topic on everyone’s radar.  While…


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Inline XBRL To Raise The Ante On Data Quality

SEC’s Big Move: Why is it adopting inline XBRL by allowing voluntary filing in this format? The Securities and Exchange Commission (SEC) announced…


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How Duplicate Facts Can Ruin Your SEC Filing

Imagine you are shopping online and at checkout, you are prompted to fill your delivery address and billing address. If both are the same, wouldn’t…


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It’s Raining Cash For s&p 100 Shareholders

Crude is finally showing signs of relief backed by better-than-expected Chinese trade figures. While I covered the ‘crude’ story about distressed US…


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Filed Your 10-K? 4 Must-dos to Smoothen Your Compliance This Year

While Honolulu was getting listed as one of the world’s most traffic-ridden cities and the Presidential race was gathering steam, you were possibly…


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Is it Homecoming Yet for Undistributed Foreign Earnings?

  The undistributed foreign income of US companies has recently come into sharp focus with both Republicans and Democrats united in the view…


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A Tale of Plunging Oil Prices and Swelling Credit Provisions

Oil prices have dropped by more than 40% since October 2015 as demand remained subdued even while supply remained steady. Oil prices, in fact, have…


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Monsanto Fined $80Million for Accounting Violations

Monsanto is in the news for the wrong reasons. The Securities and Exchange Commission (SEC) has imposed a penalty of $80 mn on Monsanto for…


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Top 7 Cloud Computing Myths Debunked

Companies around the world are looking to the cloud to support business-critical applications while improving agility, assuring scalability and…


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The Essential SEC Filing Deadlines Calendar 2016

  Another year of balancing business objectives with regulatory demands is just past us. With the holiday season behind us, we are embarking on…


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The Ultimate Cheat Sheet on Quality SEC Filing

Spending six years as a Program Manager for SEC filings teaches you a thing or two. Ever since the mandate kicked in, I have been closely associated…


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What’s Missing in Your Transactional Reporting?

Transparency in financial reporting is almost always equated with providing more granular data. And while the drive for transparency in financial…


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XBRL in 2015: A Technical View

What an exciting year 2015 has been for XBRL! Regulators became more receptive and entities more responsive. While the European Union made a move…


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6 Reasons Why You Should Invest in XBRL

Electronic data is increasingly being shaped by the 4 Vs – Volume, Velocity, Variety and Veracity. Corporates and individuals have never had so much…


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New to FATCA? Here is What You Need to Know

  The Foreign Account Tax Compliance Act (FATCA) is a US federal law enacted as part of the Hiring Incentives to Restore Employment (HIRE) Act…


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Transforming Compliance to Enterprise Risk Management

Early this year, the world’s largest fund company, BlackRock Inc., was penalized by the SEC to the tune of $12 million for failing to disclose a…


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The Valeant saga: A Case for Prevention over Cure?

Views are flying (and positions forming, no pun intended) fast and furious about Valeant Pharmaceuticals, since the headline grabbing short sell…


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SECs Disclosure Effectiveness Initiative: Call for Comments

  Under its Disclosure Effectiveness initiative, the SEC’s Division of Corporation Finance is in the process of reviewing disclosure…


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Inline XBRL : More To It Than Meets The Eye

US public companies and mutual funds have been filing their quarterly and annual financial reports to the SEC both in HTML and XBRL formats since…


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iXBRL: A Major Link in Business Reporting Evolution

XBRL was conceptualized to standardize business and financial reporting. The primary objective was to make data machine-readable which was achieved…


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When to Use a Negative Signage in XBRL : A Bird’s Eye-View on Calculation Link

On June 28 2015, XBRL US announced the formation of XBRL US Center for Data Quality to improve the utility of XBRL financial data filed with the…


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What Happens When Values In XBRL Are Captured With Wrong Signage

Of late, there have been a number of articles on the quality of XBRL documents. One issue that the reviewers have consistently pointed out is the…


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Awesome Tips To Help You Choose Period Type For XBRL Filing

Using XBRL for Compliance Reporting can be sometimes tricky. Some of the simplest things can often be very hard to work out. This post discuss the…


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