Key Takeaways
- The Federal Energy Regulatory Commission is switching to XBRL-based data collection instead of asking energy companies to file using Visual FoxPro
- Most of the work of preparing FERC forms is in compiling the data for each report, not XBRL® tagging
- A complete FERC reporting solution includes seven critical ingredients to streamline FERC compliance
XBRL® is a trademark of XBRL International, Inc. All rights reserved. The XBRL® standards are open and freely licensed by way of the XBRL International License Agreement.
Read time
3 minutes
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