Standards Tracker utilizes Create-a-Chart functionality to allow subscribers to quickly check to see if any recent standard setting or regulatory activity impacts their upcoming SEC filings, sort and filter their results to speed their research, and then link from the chart directly to the relevant pronouncements and standards or to WG&L editorial analysis of those standards. The resulting chart not only lists the issuing body, document and summary, status, date issued, and date effective, but also lists SEC Forms/Items affected.
Standards Tracker was designed to meet the needs of financial reporting staff at public companies, who frequently are working under strict time constraints when completing their periodic and other SEC filings. Standards Tracker cuts down research time by enabling users to pull all recent standard setting activity from SEC, FASB, AICPA, COSO, PCAOB, GASB, and IASB into one chart and see whether that activity has potential impact on their upcoming filings.
Users can save additional time by sorting and filtering the charts, and following direct links to the text of the standard-setting documents or to expert analysis of the changes.
Standards Tracker is superior to other “what’s new” products because it lists the specific forms and items within those forms that are potentially impacted by those changes. Financial reporting staff can use Standards Tracker to quickly pull all the changes potentially impacting their filings together in one chart, helping ensure they have not overlooked any changes since their last reporting period.
Subscribers can also use powerful filters not available on other products to customize the chart to include: changes that impact a specific form type, changes containing a keyword, final vs. proposed, date range, and effective date.
For more information or to request a free trial, please call 800.950.1216 or contact your sales representative.