Blog, External Reporting

Certent CDM Gains XBRL Certification

Certent CDM, the global, industry-leading internal and external reporting solution, recently earned the designation of XBRL Certified software from XBRL International.

A must-have certification for any software solution delivering XBRL capabilities to the market, the XBRL Certification program exists to certify interoperability between XBRL software products, ensuring that XBRL reports created in one piece of software can be consumed successfully in another program and that those reports will be consumed the same way.

XBRL International is a non-profit organization dedicated to improving the accountability and transparency of business performance globally. The certification program tests software used to prepare XBRL or iXBRL against report consumption software to validate the interoperability of the data largely through the use of specification conformance suites.

At a time when the CIPC and ESMA are adopting XBRL requirements for companies filing annual financial statements (AFS), companies need to feel confident that the software partner they are working with has the XBRL expertise necessary to ensure compliance. Certent is leading the XBRL charge by working directly with the organizations that are creating and maintaining the standards and related specifications.

Certent acquired the CDM product as part of an agreement with IBM that was announced in July of 2017. The certification from XBRL International demonstrates Certent’s dedication to the advancement of the internal and external reporting solution, as well as a continued investment in the development of the product across North America, EMEA, and APAC.

Public companies looking to improve the quality of their XBRL or preparing to comply with forthcoming regulatory changes can learn more by requesting a demonstration of Certent CDM.

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