Steve Soter

Steve Soter, vice president at Workiva and expert in financial compliance, discusses the implications of potentially shifting from quarterly to semiannual 10-Q filings. He warns that this change could undermine AI models that analysts rely on for accurate reporting. Soter explains the benefits of XBRL structured data for machine readability and the risks associated with relying on unstructured text. He advises C-suite leaders on proactive measures to maintain data integrity and ensure transparency, emphasizing the critical need for more frequent, accurate reporting.