Key Takeaways
- The Federal Energy Regulatory Commission’s XBRL® mandate comes with a silver lining for energy companies and utilities
- FERC expects the switch away from Visual FoxPro to the XBRL filing format to save filers time
- This also presents an opportunity to streamline your entire reporting process, from collecting data to completing forms to filing in the new format
- The key is to choose a reliable XBRL solution that you can count on for 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
9 minutes
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