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XBRL

Latest Headlines

Latest Headlines

House approves DATA Act

The House approved April 25 by voice vote a bill that would require federal contractors and grant recipients to report quarterly their receipt and use of federal dollars. The bill states that reporting should to the extent possible incorporate existing standards, "such as the eXtensible Business Reporting Language," known as XBRL.

CBO: DATA Act would cost $575M

Legislation sponsored by Rep. Darrell Issa (R-Calif.) called the Digital Accountability and Transparency Act would cost the government $575 million to implement over 5 years, says the Congressional...

Agency financial reporting too reliant on manual processes, says Issa

Financial reporting at federal agencies is still too reliant on manual processes, said Rep. Darrell Issa (R-Calif.) in a statement from the House Oversight and Government Reform Committee, which he

DATA Act aims to institutionalize Recovery Board

Bills in the House and Senate would make a Recovery Board-like entity a permanent fixture of the Washington, D.C. landscape. Sen. Mark Warner (D-Va.) introduced June 16 companion legislation to

SEC's online filings are changing

The Securities and Exchange Commission's (SEC) deadline for the largest 500 public companies to begin filing their financial forms in a new programming language is fast approaching. A majority of