Plan to Drop 10-Qs Threatens to Trip Up Analysts' AI Models
Talking Tax29 Okt 2025

Plan to Drop 10-Qs Threatens to Trip Up Analysts' AI Models

A Trump administration push to reduce the frequency of corporate earnings reports risks hurting the accuracy of artificial intelligence-fueled models used by analysts, an accounting adviser said. Chief financial officers and other C-suite leaders would in turn need to address greater reputational risk if a plan to give public companies the option to file financial reports semiannually instead of quarterly advances, according to Steve Soter, vice president and industry principal at financial compliance platform Workiva. Companies prepare and submit quarterly reports, called Form 10-Qs, to the Securities and Exchange Commission's filing system in XBRL format, which makes the information more easily accessible and computer-readable, Soter said. Analysts' models consume this data to provide analysis and observations. Depriving investors and analysts' AI models of this information increases the risk of erroneous analysis and ensuing reputational damage, Soter said. On this episode of Talking Tax, Bloomberg Tax financial accounting reporter Jorja Siemons spoke with Soter about what steps C-suite leaders can take to mitigate data risks if the SEC reporting schedule shifts. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Episoder(430)

States Still Decoupling From GOP Tax Law Deep Into Filing Season

States Still Decoupling From GOP Tax Law Deep Into Filing Season

Tax-filing season is well underway, and yet many states are still figuring out whether to conform to or decouple from provisions in last year's GOP-led tax overhaul, especially the deductions and othe...

4 Mar 12min

Tariff Refunds Would Threaten Tax, Transfer Pricing Headaches

Tariff Refunds Would Threaten Tax, Transfer Pricing Headaches

The Supreme Court's decision to nix a wide swath of the Trump administration's tariffs comes with some big tax and transfer pricing questions for tax executives as companies battle to collect refunds ...

25 Feb 12min

DOJ Tax Attorneys Focus on Immigration, Nonprofits After Shakeup

DOJ Tax Attorneys Focus on Immigration, Nonprofits After Shakeup

Tax enforcement has entered a new age. The decades-old Justice Department Tax Division is now split between the broader civil and criminal divisions. Critics say the reorganization sends a signal ...

18 Feb 17min

State Tax Breaks for Data Centers Come Under Fire With AI Boom

State Tax Breaks for Data Centers Come Under Fire With AI Boom

Data centers have emerged as a major political target in state capitals as they proliferate across the country and elected officials hear complaints from their voters about the massive, energy-guzzlin...

11 Feb 15min

US Audit Board Awaits Latest Shake-Up With New Slate of Leaders

US Audit Board Awaits Latest Shake-Up With New Slate of Leaders

A new slate of leaders is poised to make its mark on the US audit board and launch the next chapter for the embattled regulator. Among those set to serve on the Public Company Accounting Oversight ...

4 Feb 14min

Fiscal Stress Permeates Government Accounting Rule Writer's Work

Fiscal Stress Permeates Government Accounting Rule Writer's Work

Trump administration cuts to federal funding are trickling down to cities and states across the country—and a top public-sector accounting leader is taking note. Governmental Accounting Standards ...

29 Jan 16min

US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

A global minimum tax deal that exempts American companies from key provisions is a better outcome for European business than the alternative of US retaliatory taxes, the co-chair of the OECD’s busines...

21 Jan 10min

OECD Deal Success Hinges on Implementation, Rep. Estes Says

OECD Deal Success Hinges on Implementation, Rep. Estes Says

Republicans on Capitol Hill are keenly watching how other countries implement a long-sought OECD agreement that exempts US companies from parts of the global minimum tax framework. Rep. Ron Estes (R-...

14 Jan 15min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
stopp-verden
popradet
i-retten
lydartikler-fra-aftenposten
det-store-bildet
dine-penger-pengeradet
rss-gukild-johaug
nokon-ma-ga
hanna-de-heldige
rss-ness
aftenbla-bla
rss-dannet-uten-piano
grasoner-den-nye-kalde-krigen
frokostshowet-pa-p5
fotballpodden-2
unitedno