Partner with us and offer a world-class disclosure management solution
For a streamlined SEC compliance reporting
FERC Reporting and IRIS
The Federal Energy Regulatory Commission (FERC) has adopted eXtensible Business Reporting Language (XBRL) as the new standard of reporting for energy companies. The mandate currently covers 10 forms (1, 1-F, 3-Q and 714 for electric companies, 2, 2-A, 3-Q for natural gas companies, 6, 6-Q for oil pipeline companies, 60 for centralized service companies) which will be required to be submitted in XBRL format.
A switch to XBRL will lower the costs associated with preparing and filing several forms for energy companies in the long run while enabling FERC reporting to process and analyze the data with greater speed and accuracy.
IRIS brings the expertise of over 15 years in XBRL compliance reporting with its global leadership. We offer customized products, solutions and services to regulators, analysts, filing entities, and auditors.
What sets us apart?
- Global leadership in compliance for the last 15+ years.
- An experienced team of 350+ XBRL professionals.
- Rich experience across mandates:
- US – SEC XBRL/iXBRL and EDGAR reporting
- UK – HMRC iXBRL reporting
- Europe – ESMA iXBRL reporting
- Ireland – Revenue iXBRL reporting
- Italy – Infocamere XBRL reporting
- Singapore – ACRA XBRL reporting
- South Africa – CIPC iXBRL reporting
- India – MCA XBRL reporting
- Consistent top-rankings in independent quality evaluations.
IRIS CARBON® For FERC MANDATE
A cloud-based solution
Work from anywhere. Collaborate and share.
Last-minute edits and review
In a flash.....quick and easy
Validate and Render
Run all the checks to validate the file for XBRL standard, compliance checks, and embedded business rules
Form-based
Compatible with all FERC forms for data capture and tagging
Flat attractive pricing
Reasonable with no hidden costs
Filing Calendar
Keep control over all your e-form submissions and be notified in time to complete the compliance process
SEC and now FERC ready
One platform for iXBRL/XBRL creation, tagging, review, and audit
Top-notch in quality and service
Perfect and Precise
Integrated disclosure management
Optional and Flexible
Hosted on Microsoft Azure with data-centers in the US
Efficient and Responsive
SOC Audited and XII Certified
Secure and Accurate
Upload CSV, copy from MS Excel or key-in
Generate a CSV file in a predefined format and upload it to auto-populate and auto-tag the form.
HOW IRIS CARBON® CAN HELP
Fully Flexible Options, Choose What Suits Your Needs
In-House iXBRL Creation
Create, Review and Audit on the Platform
This option is ideal if you want to do your own XBRL tagging and establish your own report preparation process. Our experts will train users through hands on, on-line training sessions delivered through custom workshops.
Additional Services:
On-demand support for any assistance in preparation or in formatting the raw data or the final output.
Outsourced iXBRL Creation
Review and Audit on the Platform, creation outsourced
Once you provide the raw data, our XBRL team will focus on converting the data into XBRL format. You will be able to monitor the progress of the form generation and step in for review and audit process as and when required.
Additional Services:
Customized training and unlimited support available for any queries.
Testimonials
Simplified Process, Everything in One Place
“The one thing I very much like about CARBON is that all the work is within the software. IRIS CARBON® is a much less manual application than the last software that we had used.”
- Taylor Watters
Senior Staff Accountant, Image Sensing Systems
IRIS CARBON®
2019-07-06T13:11:29-05:00 Simplified Process, Everything in One Place “The one thing I very much like about CARBON is that all the work is within the software. IRIS CARBON® is a much less manual application than the last software that we had used.” - Taylor Watters Senior Staff Accountant, Image Sensing Systems https://iriscarbon.com/us/testimonials/75297/
Easy Transition, Excellent Support
“An excellent transition workshop and extremely helpful support team helped us transition smoothly from our current processes to the platform.”
- LISA DeMaster
Assistant Controller, CyberOptics Corporation
IRIS CARBON®
2019-07-07T03:14:30-05:00 Easy Transition, Excellent Support “An excellent transition workshop and extremely helpful support team helped us transition smoothly from our current processes to the platform.” - LISA DeMaster Assistant Controller, CyberOptics Corporation https://iriscarbon.com/us/testimonials/75411/
Platform and services at Flat Price
“We sometimes have announcements that need to be filed with the SEC at short-notice. I was looking for a self-filing platform, bundled with expert XBRL support, at an all-inclusive price. IRIS CARBON® ticked off all these boxes, I would recommend to anyone who is looking for a self-filing platform with exceptional service backing it.”
- Caprice Price
Director of Accounting, Industrial Services of America
IRIS CARBON®
2019-07-06T12:41:07-05:00 Platform and services at Flat Price “We sometimes have announcements that need to be filed with the SEC at short-notice. I was looking for a self-filing platform, bundled with expert XBRL support, at an all-inclusive price. IRIS CARBON® ticked off all these boxes, I would recommend to anyone who is looking for a self-filing platform with exceptional service backing it.” - Caprice Price Director of Accounting, Industrial Services of America https://iriscarbon.com/us/testimonials/caprice-price/
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IRIS CARBON®
Simplified Process, Everything in One Place
“The one thing I very much like about CARBON is that all the work is within the software. IRIS CARBON® is a much less manual application than the last software that we had used.”
- Taylor Watters
Senior Staff Accountant, Image Sensing Systems
Easy Transition, Excellent Support
“An excellent transition workshop and extremely helpful support team helped us transition smoothly from our current processes to the platform.”
- LISA DeMaster
Assistant Controller, CyberOptics Corporation
Platform and services at Flat Price
“We sometimes have announcements that need to be filed with the SEC at short-notice. I was looking for a self-filing platform, bundled with expert XBRL support, at an all-inclusive price. IRIS CARBON® ticked off all these boxes, I would recommend to anyone who is looking for a self-filing platform with exceptional service backing it.”
- Caprice Price
Director of Accounting, Industrial Services of America
It's Time to Streamline Your FERC Compliance Reporting Process
Take the first step, drop a message and we will get in touch with you.
FERC Reporting
FERC Reporting
