Point of View is a forum for opinions and thoughts from XBRL US and the XBRL community about business, industry, finance, regulation and legislation, where data standards can play a role. We welcome your feedback on the XBRL point of view.
Earlier (2016)

Inline XBRL is not just for financial statements – make way for corporate actions.

Inline XBRL could just tip the scale towards the adoption of standards in corporate actions.

XBRL US Submits Comment in Response to SEC Proposal: Disclosure Update and Simplification

On September 30, XBRL US submitted a comment letter responding to the SEC proposal on Disclosure Update and Simplification. Key recommendations made in the letter include: Ensure that all facts that companies are required to report to investors be provided in a computer-readable format to facilitate greater ease of analysis, Require the use of standardized […more]

Earlier (2016)

SEC Concept Release: Business and Financial Disclosures Required by Regulation S-K – XBRL US Response Letter

On July 21, XBRL US submitted a comment letter in response to the April 13 SEC Concept Release on Business and Financial Disclosures Required by Regulation S-K.  XBRL US members played a key role in preparing the recommendations which encourage the Commission to: make greater use of standards, which offer a clear, consistent framework to communicate reported […more]

XBRL US Response to SEC Concept Release on Transfer Agent Regulations

XBRL US responds to SEC Concept Release on Transfer Agent Regulations on April 14, 2016, proposing that inline XBRL be used for transfer agent financial disclosures and that data standards be used to improve corporate actions processing.

Earlier (2016)

HR1675

XBRL US and its members oppose Title IV – The Small Company Disclosure Simplification Act – of legislation under consideration today by the House of Representatives which would exempt companies with revenue less than $250,000,000 from submitting XBRL data to the US SEC.