FERC eForms Taxonomies

The draft FERC Taxonomy is available, covering Forms 1, 2, 6, 60 and 714 for reporting by public utilities.


SEC Proposes Disclosure Modernization for Open-End Investment Management Companies

The proposal on Tailored Shareholder Reports, Treatment of Annual Prospectus Updates for Existing Investors, and Improved Fee and Risk Disclosure for Mutual Funds and Exchange-Traded Funds; Fee Information in Investment Company Advertisements  addresses rule and form amendments to modernize the disclosure framework for open-end management investment companies. While this rule does not call for XBRL […more]


SEC Proposes Reporting Threshold for Investment Managers

The Securities and Exchange Commission published a rule proposal, Reporting Threshold for Investment Managers, which seeks comment on revising the disclosure requirement thresholds for investment managers filing form 13F data, which today is submitted in structured format, using a custom XML schema. This data would be more usable if it was prepared or converted to […more]


SEC Requests Extension on Current Form 6-K Data Collection

The Securities and Exchange Commission asked for an extension of their current data collection process for Form 6-K. While cover page tagging is required for Form 8-K, it is not required for Form 6-K. Comments are due in 30 days, by September 3, 2020. Read the data collection extension request.


XBRL US Comments on SEC’s Draft VIP Taxonomy

XBRL US submitted a comment letter to the SEC’s Office of Structured Disclosure providing input on the draft VIP Taxonomy which will be used by variable annuity and variable life insurance companies to comply with the SEC’s recently finalized rule on Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts. […more]


SEC Publishes Custom Tag Rates for IFRS Filers

The Securities and Exchange Commission published an analysis of custom tags (extensions) used by IFRS filers on Forms 20-F, 20-F/A, 40-F and 40-F/A from January 2017 to December 2019. The analysis compares the use of custom tags on financial statements only, to custom tag rates for financial statements plus footnotes. The latest figures for 2019 […more]


SEC Commissioner Lee and PwC Vice Chair Bricker to Keynote XBRL US Investor Forum 2020


XBRL US Comments on FERC Form 730 Revisions

XBRL US submitted a comment letter responding to the Federal Energy Regulatory Commission (FERC) request concerning proposed changes to Form 730, the Report of Electric Transmission of Investment Activity, and their proposal that the revised content be prepared in XBRL format. We agree with the FERC proposal as written, because much of the data required […more]


Newsletter for the Reporting Standard of Business and Government

July, 2020 The XBRL standard was developed, and is supported, by a global community of accountants, technologists, data and software providers, issuers, investors, and standard setters. Our community supports regulators and businesses that adopt the standard by responding to changing technologies, continuously expanding on the specification to meet new demands, and providing education and support. […more]


June 2020 Newsletter

June, 2020 XBRL US CEO blogs about “Single audit, data standards and the GREAT Act”. President and CEO Campbell Pryde explains the importance of understanding all the facts behind how Single Audit reports are prepared today, and how data standards required in the GREAT Act are designed to improve the process for grantees, auditors, government […more]