7 Things FERC Filers Should Know About XBRL Reporting

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