In the past week both XEU (XBRL Spain), XUS (XBRL US Inc) and XBRL Japan have announced “competitions” with prize money for the winning entries. Initially I was quite uncomfortable with these competitions, as they almost seem like a great way to get some good ideas into the public domain – crowd sourcing if you [...]
I did not have time to annotate the charts…however, the short squeeze into the resistance has occurred in quite a few separate markets. In addition, we are sporting one ugly gap…looks like it will not be a pretty. Additionally, I want to point on the pattern on the longer-term view of the EURUSD…this pattern is [...]
The growing requirement for companies to produce financial statements in the XBRL format is now beginning to impact auditing firms. Audit firms need to plan for the coming wave of additional effort required to provide assurance over XBRL documents, and need to be building the cadres of skilled individuals who will provide such support to [...]