Public Company Quality Continues to Improve, 11 Quality Leaders
Sunday, April 2, 2017 at 07:48AM
Charlie in Creating Investor Friendly SEC XBRL Filings

There are now 11 software generators and filing agents that have 90% or more of their XBRL-based public company financial reports consistent with all of the fundamental accounting concept relations continuity cross-checks.

This ZIP file contains an Excel Spreadsheet which contains detailed information about errors.

Per my measurements, the quality of XBRL-based public company financial reports continues to improve. If you compare the 2016, 2015, and 2014 results you can definitly see the improvement.

Here is the summary of consistency with the fundamental accounting concept relations continuity cross-check business rules as of March 31, 2017:

(Click image for larger view)

Comparison March 2017 with November 2016:

(Click image for larger view)

Compare March 2017, March 2016, March 2015:

(Click image for larger view)

 

**********************PRIOR RESULTS**********************

Previous fundamental accounting concept relations consistency results reported: November 28, 2016; August 31, 2016; 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.

Information helpful in understanding errors.

Article originally appeared on Intelligent XBRL-based structured digital financial reporting using US GAAP and IFRS (http://xbrl.squarespace.com/).
See website for complete article licensing information.