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7 Things FERC Filers Should Know About XBRL Reporting

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April Brady and David Winn

Read time

9 minutes

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.

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