Standards-based business reporting and analytics software provider Rivet Software announced an agreement Wednesday with XBRL US to incorporate and resell its XBRL Consistency Suite Checks into Crossfire, Rivet’s XBRL data management and filing offering.
Designed by XBRL US and accounting experts in collaboration with corporate filers, the XBRL Consistency Suite identifies problems in XBRL documents such as incorrect use of signs, missing concepts, and concepts used incorrectly. The XBRL Consistency Suite produces a report that identifies potential errors related to the use of the U.S. GAAP taxonomy, both the financials and footnote disclosures, so corporate filers can make corrections before submitting to regulators and investors.
The U.S. GAAP XBRL taxonomy is currently maintained by the Financial Accounting Standards Board after XBRL US helped develop it.
Rivet plans to immediately begin incorporating the Consistency Suite checks into Crossfire.
“We’re making the best better,” said Rivet co-founder Emily Huang. “Our Crossfire offering will be enhanced with the addition of the XBRL US Consistency Suite Checks. Our aim has always been to provide the highest-quality XBRL filings for our clients and this relationship takes a big step toward that end.”
For more information, visit www.rivetsoftware.com.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access