Monday, December 11, 2017

Disclosure Mechanics and Reporting Checklist [V5.0]

XBRL Cloud is pleased to announce another significant upgrade to the functionality available on CleanScore.

This functionality is available on our Beta site, but will be available in production in early January.

The underlying feature driving this release is an implementation of the Disclosure Mechanics and Reporting Checklist which serve as the basis for the Charles Hoffman's Campaign to Improve Disclosure Quality of XBRL-based Public Company Financial Reports Submitted to the SEC

The features available in the 5.0 release are as follows:
  • Support for Disclosure Mechanics and Reporting Checklist, as designed by Charlie Hoffman
  • New report page in the Evidence Package designed to quickly review and ensure consistency between Level 3 and Level 4 components in U S GAAP filings
  • Maintenance, stability, and performance enhancements

Tuesday, December 5, 2017

Major improvements for verifying calculations [v4.0]

The Version 4.0 release is a significant functional change because we have gone to great lengths to remove "noise" from calculations.  This reduction in noise should make it quicker and easier to review your filing.  The following items have been upgraded for this new release:
  • Major reduction in "noise" for XBRL Calculations and Roll Forwards. That is, previously, due to bleed through, sometimes the verifier was instructed to review sums that would never add up. Now, the calculations being verified should be the ones that count
  • Support for DQC V4.0
  • "Regular" HTML or XML Validation report (which is PROFILE_BASED for U S GAAP filings) now removes "bleed-through" calculations. This means that "XBRL Calculations", loosely, should only be flagged for "meaningful" calculations
  • Updates to IFRS validation due to IFRS having slightly different structural rules from U S GAAP
  • Visual verification (green cell) when members sum to the domain for any given component
  • Maintenance, stability, and performance enhancements

Monday, October 2, 2017

DQC and EFM updates [v3.6]

XBRL Cloud has just released Version 3.6, which includes the following updates:
  • Enhancements to validation report to show contextual information (dates, members) for each validation, when appropriate
  • Support for DQC V3.6.1
  • Support for EFM V43
  • Maintenance and stability enhancements

Monday, July 10, 2017

Data Quality Committee Update [V3.5.1]

We have just released an update for the Data Quality Committee (DQC) Rules V3.6 (not to be confused with XBRL Cloud V3.5.1) from XBRL US.

Thursday, June 15, 2017

Notes Consistency Enhancements [V3.4]

Another great release from XBRL Cloud!  Here are the key features:
  • Notes Consistency validator analyzing construction of component by Level.  Notably, asserting that each component has detailed (mostly numeric) information or text blocks as appropriate.
  • Support for DQC V3.5.0
  • Support for IFRS 2017 Taxonomy
  • Maintenance, Stability, and Performance Enhancements

Wednesday, April 26, 2017

EDGAR Dashboard and Notes Consistency Enhancements [V3.3]

The biggest announcement for this new release is that you can now use the ticker symbol to search in the EDGAR Dashboard!  This should make it much easier to find the company of interest.

The summary of items in this release are:
  • Added "ticker" symbol to EDGAR Dashboard:  now you can search by ticker
  • Continued refinement of Notes Consistency validation for more accuracy and more information
  • Maintenance, Stability, Performance, and Security Enhancements

Thursday, April 13, 2017

DQC Update [V3.2.2]

XBRL Cloud is proud to announce support for DQC V3.2 (not to be confused with this XBRL Cloud release, which is our V3.2.2!).

Wednesday, April 5, 2017

Calculation Verification Production Release [V3.2.1]

The calculation verification code release (V3.2) that was in Beta has been updated slightly for improved accuracy.  These improvements, and the remaining enhanced functionality of the Beta release are now in production.

Wednesday, March 22, 2017

2017 Q1 Release [V3.2]

The main feature for this quarter's release is a major enhancement to calculation verification.

As you are certainly aware, XBRL Calculations cause "inconsistencies" to generate a lot of noise.  Specifically, calculations from one component "bleed through" to other components.  In fact, this happens so often--there is so much noise--that XBRL calculations are often ignored ... to the point that calculations that actually have an error are never corrected.

There are a new set of REVIEW signals now related to calculations.  In almost all cases, if you see one of these new calculation signals, there is either an error in the fact data, or the (original XBRL) calculation itself.

Note that this is an iterative process for us.  Specifically, we do not want to create false negatives.  That is, we don't want to duplicate any of the noise caused by XBRL Calculations.  To that end, we may not always locate up all "real" calculation errors.  On the other hand, the issues that we point out are almost always real issues--not noise.  We may release updates to this in the future to catch other real errors.

In addition to the above, there are these other upgrades:
  • Enhanced support for the 2017 U S GAAP taxonomy
  • Maintenance, Stability, and Performance Enhancements 
Please note that new release is in Beta right now; the production release will be on April 3. 2017.

Thursday, February 9, 2017

DQC 3.0.1 Patch Release

We have just released a small update so that CleanScore now supports revised XBRL US Data Quality (DQC) 3.0.1 rules.

Wednesday, January 18, 2017

Maintenance Release V3.1.1

Maintenance Release [v3.1.1]

  • Fundamental Accounting Concept validator now takes into account rounding. That is, it allows for rounding of the least significant digit
  • Improved @xml:lang handling for Labels and Footnotes
  • Maintenance, Stability, and Performance Enhancements

Monday, January 9, 2017

Notes Consistency Release [v3.1]


The key change for this release is that Notes Consistency verification is now in production.

Production Changes

The following changes are effective immediately the production version of CleanScore:
  • Final version of Notes Consistency validation
  • Final version of EFM V39, primarily full support for new XBRL features required for U S GAAP 2017
  • Support for DQC V2.1.1
  • Updated iXBRL Viewer
  • Maintenance, Stability, and Performance Enhancements