XBRL


n The SEC launched a Web-based tool called Financial Explorer to help investors analyze the financial results of public companies. The tool, which uses XBRL, allows investors to automatically generate financial ratios, graphs, and charts depicting important information from financial statements. Users can also compare information including earnings, expenses, cash flows, assets and liabilities across competing public companies. The source code for the software is available to the public for free so that users and  software developers can update and enhance the software. In addition to Financial Explorer, the SEC currently offers investors two other online viewers—the Executive Compensation viewer and the Interactive Financial Report viewer. To access the tools, visit www.sec.gov/spotlight/xbrl/xbrlwebapp.shtml .

SPONSORED REPORT

Tax reform changes are now in effect

With all the recent tax law changes, this year it’s more important than ever to make sure your clients’ tax situations are squared away before year end. This report provides necessary guidance to ensure 2019 starts without a hitch.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.