Though XBRL has in-built rules to validate data at source, there are some data inconsistencies that still pass the validation rules yet provide incorrect data. Read here to know how these can be tackled by having multiple rules and checks.
About IRIS CARBON™
COLLABORATIVE DISCLOSURE MANAGEMENT PLATFORM FOR ENTERPRISES
IRIS CARBON™ is a cloud-based, collaborative filing platform that helps companies and mutual funds meet their enterprise reporting needs. Built with deep XBRL experience - over 7 years with the US SEC and 10 years globally â€“ IRIS CARBONâ„¢ simplifies your reporting, while ensuring high quality, increased productivity and efficient collaboration across your organization.
Why IRIS CARBON™
IRIS CARBON™, being a cloud based platform, allows documents to be stored at one place. The collaboration features allow users spread across multiple locations to work together on the same document. The current, most updated version of the document is always available to every user. Since all processes are visible on screen, in one place, work is error-free. IRIS CARBON™ provides a clear, current view of the document from start to finish.
IRIS CARBON™ is designed to not only make the first creation and submission of documents easier, but it is loaded with features like Roll Forward which facilitate simpler successive filings.
IRIS CARBON™ comes with the service backing of a company that has perhaps the largest number of XBRL professionals in the world, their work spread across 15 countries, and a record of working with over 12000 complex documents in the US and UK alone.
Carbon can easily be localized to suit the business and linguistic requirements of any market.
COREY RUSIN , Director - Financial Reporting
Teucrium Trading, LLC
"Teucrium has used the IRIS CARBON™ application for six months now and has filed prospectus supplements, Form 8-K and Form 10-Q filings, which included XBRL tagging. Teucrium is pleased with the ease of the application and having the ability to make changes up until the filing date. The roll forward feature and the ability to make last minute edits has allowed our process to be more efficient and allowed us more time to effectively review the documents."
Simple Three Step Process
Upload source documents in multiple formats
Map values to relevant XBRL tags
Generate outputs at the click of a button
A global full service XBRL software, services and solutions provider.
IRIS has over twenty years of proven expertise in the financial information management space. Our products and solutions meet requirements of business and financial users across the entire financial information supply chain. We understand not just XBRL and other structured data standards, but also the many ways it gets implemented in different reporting environments. Regulators, enterprises, banks and consumers of business information across 15 countries, several with complex and challenging requirements, have used our solutions and services to meet their needs around the creation and use of structured data.
With a team of over 500 professionals, including accountants and technologists, and a bouquet of world class products, IRIS works closely with partners in various countries to provide solutions tailored to meet specific business and financial information requirements of clients.
CLOUD-BASED PLATFORM FOR ENTERPRISE REPORTING
Real Time Collaboration
Allows multiple users to collaborate on a document at the same time.
Allows external auditors access to company reports, to comment and suggest changes, all in one seamless platform.
Features like Editing, Review and Comment make finalization process with approvals and sign offs easier.
Leverage the IRIS team of experts to support your filing process.
Single Source. Multiple Outputs.
Create outputs in multiple formats (including XBRL and PDF) from a single source document.
Roll Forward Filing
Prepare the documentation only once and update it easily for the next filing.
Validate your documents using the integrated validation engine
Carbon is iXBRL ready and can provide you with an iXBRL output at the click of a button
A guide for those who have decided to prepare their SEC filing in inline XBRL format, this document introduces SEC filers to the SEC's inline XBRL viewer. It also details the need to transform inline xbrl to xbrl and to validate the inline xbrl document. Read to know more.
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