Financial Reporting


The SEC launched a program that enables registered securities issuers to voluntarily furnish XBRL-formatted data as part of filings they are required to make through the SEC’s electronic data-gathering, analysis and retrieval (EDGAR) system. The commission established the program to help itself and issuers determine the extent to which XBRL can improve the accuracy of information and help streamline its flow through their organizations. Details on the program are available at www.sec.gov/spotlight/xbrl.htm .

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

News quiz: Taking an economic snapshot and looking to the future

Recent news included IRS actions that affect individuals and partnerships and a possibly influential move by a Big Four accounting firm.Take this short quiz to see how much you know about the news.