Archive for the ‘Document Control Software’ Category

Why did my XBRL tagging change from the last filing?

Tuesday, January 16th, 2018

One of the common questions we receive regarding XBRL tagging is, “Why did the tagging of the document change this period when compared to a previous filing?” This is a great question, with two short answers.

The first reason is that RDG Filings is consistently working to improve the quality of XBRL tagging on a quarterly basis to be consistent with the latest US-GAAP taxonomy and to remain in line with evolving industry standards.

The second is that the US-GAAP Financial Reporting Taxonomy is updated on an annual basis by FASB. This may or may not result in tagging changes in your document depending on which areas of the taxonomy are adjusted. These changes usually result in updates to best practices, style-guides , and Accounting Standards adjustments by FASB, AICPA and XBRL-US.

Typically, the taxonomy changes are released by FASB in the fourth quarter of the calendar year, but are not supported by the SEC’s EDGAR System until after the first calendar quarter of the next year, so most updates to tagging happen between the end of the first calendar quarter and the filing of any XBRL documents filed after that point.

Our role at RDG is to make sure all of our clients documents are in line with the most recent EDGAR and XBRL guidelines as well as best practices.  When tagging changes are necessary, we will point out what changes were made using our interactive ThunderDome XBRL Viewer.

We are proud of the fact that our XBRL data quality is at the top (99th percentile) of our industry quarter after quarter. There are only a few filing agents that can claim such consistency. The effort of improving XBRL data quality is why RDG Filings was one of the founding members of the XBRL.us Center for Data Quality and why quality and version control of your documents is our main objective.

RDG presents – The ThunderDome® Portal, an On-Demand Disclosure Management Software

Wednesday, April 27th, 2016

Are you in the market for SEC Disclosure Management software?

Do you want to control your SEC filing process, and have the ability to edit and file the EDGAR document yourself?

Yes, you say?  Well then, RDG Filings would like to introduce the ThunderDome® Portal, an on-demand disclosure management software that will streamline your SEC Filings process.

The ThunderDome® Portal works in harmony with RDG’s industry leading XBRL tagging full-service expertise.  RDG has created the Perfect Combination of On-Demand Software & Expert Full-Service.

EDGAR Control

The exclusive ThunderDome® Portal allows multi-user access to create, manage, edit, and file EDGAR documents with the SEC.  The web-based portal creates significant efficiencies as it enable version control and collaboration while also eliminating the need to manually hand-mark EDGAR changes only to then wait for your provider to return a proof.  The portal also remove the possibility of ‘printer error’ during the editorial process.

RDG remains available 24/7 for full-service EDGAR conversion, service, and support.  So our clients enjoy the perfect combination of full-service expertise when they need it and in-house control when they want it.

XBRL Expertise

RDG’s US-based experts do all the XBRL tagging and validation, and a dedicated Account Manager be available to you for questions and consultation.

You will simply review the tagging on our superior online XBRL review tool, which is an integral aspect of the ThunderDome® Portal.

Rational, Flat-Rate Pricing

And here’s the kicker: RDG’s rational and flat-rate pricing structure will represent both savings & budget-predictability.

 

Please feel free to contact me anytime.

Stewart Walker – SVP, Director of Sales

(415) 643-6017