"With these additional rules just published, we expect the error reduction to be even higher for those companies that adhere to the Data Quality Rules", said Campbell Pryde, President and CEO of XBRL US, "The rules are freely available and can be run through the XBRL US web site or through any number of XBRL software tools on the market."
The Data Quality Committee has also recently published a 3rd set of proposed rules which have been released for public review and comment. SEC filers, data and XBRL software and service providers are encouraged to review the proposed rules and provide input.
Members of the XBRL US Center for Data Quality include Altova, the American Institute of CPAs (AICPA), Certent, DataTracks, DisclosureNet, Merrill Corporation, P3 Data Systems,Vintage, a division of PR Newswire, and Workiva. For more information on the XBRL US Data Quality Committee and the Center for Data Quality, go to: http://xbrl.us/data-quality
Review the final rule set: https://xbrl.us/data-quality/rules-guidance/
See XBRL offerings that are certified to work with the Data Quality Rules: https://xbrl.us/data-quality/certification/
Participate in the Public Review: https://xbrl.us/data-quality/public-review/
About XBRL US
XBRL US is the non-profit consortium for XBRL business reporting standards in the U.S. and it represents the business information supply chain. Its mission is to support the implementation of XBRL business reporting standards through the development of taxonomies for use by U.S. public and private sectors, with a goal of interoperability between sectors, and by promoting XBRL adoption through marketplace collaboration. XBRL US has developed taxonomies for U.S. GAAP, credit rating and mutual fund reporting under contract with the U.S. Securities and Exchange Commission and has developed a taxonomy for corporate actions. For more information about XBRL US: http://xbrl.us
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/xbrl-us-data-quality-committee-announces-publication-of-2nd-set-of-approved-rules-and-guidance-300352977.html
SOURCE XBRL US