Close desktop login portal

Client Login

Select one of the portals below and login with your credentials

Technology Solutions

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Technology Solutions

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Contact Us

Richey May Headquarters
9605 S. Kingston Ct. Suite 200
Englewood, CO 80112
Directions
303-721-6232

Question or comments?  Click here to fill out our inquiry form.

Technology Solutions

 

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Technology Solutions

 

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Contact Us

Richey May Headquarters
9605 S. Kingston Ct. Suite 200
Englewood, CO 80112
Directions
303-721-6232

Question or comments?  Click here to fill out our inquiry form.

Mobile menu toggle
Back to menuBack to menu
Richey May Headquarters
9605 S. Kingston Ct. Suite 200
Englewood, CO 80112
Directions
303-721-6232

XBRL Reporting

With experience dating back to the origination of the technical standard over 15 years ago, the professionals at Richey May assist foreign and domestic filers with their XBRL reporting processes, controls and compliance efforts in accordance with both US GAAP and IFRS reporting standards.

The XBRL electronic data filing, called an instance document, is generated through interactive and collaborative manual and automated processes using a disclosure management solution. The process of mapping each financial statement line item to a standard term in the US-GAAP or IFRS XBRL taxonomy can be a complex endeavor, and as a result, organizations often purchase disclosure management software or enlist the help of an external third party provider to create and submit the XBRL public company disclosure documents to their regulators. Regardless of how the digital version of financial statements are created, however, Management is legally responsible for ensuring the mapping, completeness, and accuracy of their XBRL data and that it conforms to jurisdictional reporting requirements.

With experience dating back to the origination of the technical standard over 15 years ago, the professionals at Richey May assist foreign and domestic filers with their XBRL reporting processes, controls and compliance efforts in accordance with both US GAAP and IFRS reporting standards. We have worked with XBRL International and XBRL US, US and International Regulators, software vendors and accounting professionals, and we participated in the adoption of XBRL as the electronic data standard by the US SEC through Regulation ST-405. As a licensed CPA firm with an expert understanding of financial statement reporting, our services will complement your efforts and ensure the quality and compliance of your XBRL documents with regulatory requirements.

Memberships

Richey May is a member of XBRL US, a not-for-profit organization whose mission is to support the implementation and adoption of digital business reporting standards. Our membership allows us early access to development projects, regulatory issues and industry trends that impact our clients. XBRL US is a national Jurisdiction of XBRL International.

The XBRL Logo is a trademark or service mark of XBRL International, Inc., registered in the United States and in other countries.

Vendor Selection and Management

Whether you’re looking for a fully outsourced solution or would like to bring the report preparation process in-house, Richey May can help you find the right solution. We have relationships with the leading software vendors and a thorough knowledge of their tools and solutions.

Training

Leverage our knowledge through in-person training on the regulatory reporting requirements, processes and controls along with best practices. We highlight issues by using disclosure management solutions and tools to avoid common errors and we demonstrate solutions to support data integrity, efficient and effective processes with preparing your regulatory filing.

Internal Controls

Evaluate existing policies and procedures governing the reporting process in order to identify control gaps and propose improvements that enhance internal controls over the XBRL financial report, including taxonomy management, instance creation, and review and submission to the SEC.

Taxonomy Assessments

Validate the mapping and consistency of your standard US GAAP or IFRS taxonomy selections and reduce company specific extensions by having a licensed CPA perform an independent assessment to validate elements identified by management to represent financial statement concepts.

XBRL Filing Preparation Support and Managed Services

Save time and drive data integrity and quality by having our professionals create and validate the completeness and accuracy of your filing, either by leveraging your existing XBRL disclosure management solution or by utilizing additional tools to make the pre-filing review process more effective and efficient.

Consultative / Agreed Upon Procedures

Provide reassurance to your C-Suite or Audit Committee by having our experienced professionals complete a, Assess & Recommend or Agreed Upon Procedures Engagement to review the completeness, consistency, mapping and structure of your XBRL filing on a pre-filing basis. Our methodology and review supports your timelines and work during the filing process to drive accurate results.

Request more info

To speak to one of our professionals, fill out the form and we will be in contact shortly.