Presentation Summary

 Tag You're It: XBRL -What You Need to Know

Reuben Cook, Business Advisory Division Consultant and Business Intelligence Services Manager, Squire & Company, PC
Bryant Armstrong, CPA-CITP: Shareholder and Technology Division Leader, Squire & Company, PC

XBRL is a business reporting standard that improves the accessibility and comparability of financial information with the use of a controlled vocabulary (a taxonomy) and XBRL software. XBRL's tagging technology allows companies to electronically communicate their business and financial data to investors and other users of financial statements in an interactive data format. As the SEC has made XBRL reporting mandatory for public companies, the use of XBRL will potentially become the new language standard for electronic communication of business and financial data. In the future, it is likely that both public and privately held companies will be affected by XBRL and will need to understand how to use it.
Discover how XBRL will affect you as we discuss what XBRL is, what taxonomies are, how to map and tag a financial statement, and how to create instance documents. We'll also discuss the latest in available software to assist you in meeting your XBRL reporting requirements.

Biography

Reuben Cook
Prior to joining Squire & Company, PC as a Technology & Business Advisor, Reuben worked as a knowledge base designer, knowledge management coach, and internal auditor.
At Squire & Company, PC, Reuben’s experience includes auditing, CFO outsourcing, application implementation, performance management, financial planning and modeling, and data management.
Active in the community, Reuben is a member of the board of trustees for UCFS Academy. He is also a member of the Direct Selling Management Association and the Utah Association of Certified Public Accountants. Reuben earned his bachelor’s and master’s degrees in Accounting from Brigham Young University.

Bryant Armstrong
Bryant’s area of focus at Squire and Company, PC is financial reporting and business intelligence, reporting and scorecarding infrastructure, accounting system implementation and training. His industry specialties encompass direct selling, government and non-profit, distribution and construction. Bryant heads the Technology Services Division and leads a team of dedicated and trained personnel. He is experienced in auditing a variety of businesses in different industries. He has extensive experience in implementing Microsoft Dynamics GP as well as implementing QuickBooks and assisting businesses in understanding their accounting information.
Bryant has several degrees and certifications in his field of business including:
• B.S. from Brigham Young University
• MAcc from Brigham Young University
• Certified Public Accountant,
• Microsoft certifications in Dynamics GP, Dynamics CRM, FRx Reporter, and FRx Forecaster
Bryant is also affiliated with the following organizations: American Institute of Certified Public Accountants, Utah Association of Certified Public Accountants, and Utah Valley Entrepreneurial Forum of which he is a Board Member and Treasurer.