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Public Company Quality Continues to Improve, 8 Generators above 90%

The quality of XBRL-based public company financial filings continues to improve steadily.  Now, 8 software vendors/filing agents are in the range where 90% of more of their reports are consistent with all of the fundamental accounting concept relations.

EDGARfilers PROfile was the most recent filing agent to reach the 90% level of quality.  They were at 76% back in March 31, 2016, moved to 82% at June 30, 2016; and climbed to 93% consistency as of the end of August 2016.

As I pointed out in another blog post, consistency with the XBRL US Data Quality Committee validation criteria averages about 81.7%.

 

* * * PRIOR RESULTS * * *

Previous fundamental accounting concept relations consistency results reported: June 30, 2016; March 31, 2016; February 29, 2016; January 31, 2016; December 31, 3015; November 30, 2015; October 31, 2015; September 30, 2015; August 31, 2015; July 31, 2015; June 30, 2015; May 29, 2015; April 1, 2015; November 29, 2014.

Posted on Saturday, September 3, 2016 at 11:37AM by Registered CommenterCharlie in | CommentsPost a Comment

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