On April 30, the SEC announced a proposed rule to require companies to disclose the relationship between executive pay and a company’s financial performance. The new reporting requirement would be in XBRL format. The news release and fact sheet published stated: Companies would also be required to tag the disclosure in an interactive data format using […]
The SEC announced that they have upgraded the EDGAR system to support the 2015 US GAAP and EXCH taxonomies. Their announcement suggests that filers transition to the 2015 taxonomies for the earliest reporting period that ends after March 9, 2015 but not for reporting periods that end before March 9, 2015. They also indicated that […]
XBRL US members are companies, organizations and individuals dedicated to developing and promoting standards to build a more transparent market and improve business reporting. XBRL US is the US jurisdiction of XBRL International.
Need answers to tough questions? This program, developed by the leaders in XBRL and education for the accounting profession, provides in-depth, comprehensive online course for people working with public company XBRL-formatted financial statements for SEC reporting.
Participate in the Public Review & Comment period for data elements to comply with the Digital Accountability and Transparency Act (DATA Act), establishing government-wide financial data standards to increase the availability, accuracy, and usefulness of federal spending information. The federal government seeks input to that process from all stakeholders.