There’s a sea of valuable information in your competitor’s SEC filings. But as anyone who has researched public disclosure can attest, they’re not easy to follow. It’s not just finding the filing you’re looking for, but interpreting the dense, hard to read material is both time consuming and tedious. Surely there are better ways to get after this information…
Stressed out, tired, frustrated – is this how you feel during financial reporting season? Learn 5 quick and simple strategies for surviving your next filing period.
For a private company that wants to go public, putting best governance practices into action will make the IPO process go smoother and will prepare the board of directors for the rules and regulations to come. Read this blog for five governance best practices that will get you started on the right foot.
It has been a common complaint with SEC filers that they don’t see the value in XBRL submissions. There has even been proposed legislation to reduce the requirements for XBRL filings. The distaste towards interactive data is most likely an aversion to change – frustration with the mandate taking time out of their reporting process coupled with the fact that XBRL provides streamlined transparency into disclosures. However, as the data continues to standardize we continue to see new uses for machine readable financials.