Center for Data Quality Committee Meeting

12 PM ET Wednesday, January 25, 2023
XBRL US Web Conference
Register to attend

At this meeting, industry leaders will participate in discussions and plans for developing guidance and rules for use by public companies complying with the XBRL requirements of the US Securities and Exchange Commission. Learn about the Data Quality Committee.


FASB Issues Proposed Taxonomy Improvements for ASU-Leases (Topic 842): Common Control Arrangements

The Financial Accounting Standards Board (FASB) has issued for comment proposed GAAP Taxonomy Improvements to address the proposed Accounting Standards Update on accounting for leases between entities under common control: Leases (Topic 842) – Common Control Arrangements. Comments must be submitted by January 26, 2023. Read the release notes. Read the announcement for information on […more]


XBRL US Comments on SEC Executive Compensation Disclosure Taxonomy

XBRL US submitted a comment letter to the Securities and Exchange Commission Office of Structured Disclosure in response to their request for input on the draft Executive Compensation Disclosure (ECD) Taxonomy. The taxonomy is to be used by filers as well as tool and service providers who work with them, to comply with the new […more]


FERC Announces 3/31/23 Effective Date for FERC Taxonomy Version 2023-01-01

The Federal Energy Regulatory Commission (FERC) announced that effective March 31, 2023, the XBRL taxonomies, validation rules, and rendering files needed to file FERC Form Nos. 1, 1-F, 2, 3-Q electric, 3-Q natural gas, 6, 60, and 714 will be updated to Version 2023-01-01. It will be effective starting with the first quarter 2023 forms. […more]


SEC Publishes FY 22-26 Strategic Plan

The Securities and Exchange Commission (SEC) published their FY22-26 Strategic Plan which establishes three primary goals: Protect the investing public against fraud, manipulation, and misconduct Develop and implement a robust regulatory framework that keeps pace with evolving markets, business models, and technologies Support a skilled workforce that is diverse, equitable, and inclusive and is fully […more]


XBRL US Data Quality Committee Publishes 20th Rule Set for Public Companies and BDCs

Invites public companies and BDCs to a December 14 webinar to learn more The XBRL US Data Quality Committee (DQC) has published its 20th Rule Set with five proposed rules for corporate issuers, and two proposed rules that are specific to business development companies (BDC). Issuers, accountants, filing agents and tool providers are invited to […more]


Webinar: DQC Rules for BDCs and Public Companies – Rule Set 20

3:00 PM ET Wednesday, December 14, 2022
XBRL US Webinar
Register for Free Webinar

The XBRL US Data Quality Committee (DQC) has published it’s 20th Rule Set with five proposed rules for corporate issuers, and two rules that are specific to business development companies (BDC). This year, BDCs began preparing their financials in XBRL format, to comply with new rules established by the Securities and Exchange Commission (SEC). BDCs […more]


FASB Proposes Financial Services – Investment Companies Taxonomy Implementation Guide

The Financial Accounting Standards Board (FASB) staff recently issued a proposed Taxonomy Implementation Guide (Guide) based on the proposed 2023 GAAP Financial Reporting Taxonomy (Taxonomy) that is pending SEC acceptance and is subject to change until published as final. The proposed Guide, Financial Services—Investment Companies (Including SEC S-X Schedules for Business Development Companies, includes examples […more]


Newsletter for the Reporting Standard of Business and Government

November, 2022 XBRL US Data Quality Committee (DQC) 20th Rule Set includes rules for Business Development Companies (BDC) and public companies. BDCs have just begun reporting financials in XBRL format for the first time this year, and the DQC is now preparing rules to help these new filers identify potential issues before their financials are […more]


October 2022 Newsletter

October, 2022 The Securities and Exchange Commission (SEC) finalized two new rules with XBRL requirements. Tailored Shareholder Reports for Mutual Funds and Exchange-Traded Funds; Fee Information in Investment Company Advertisements adopts amendments for annual and semi-annual shareholder reports provided by mutual funds and exchange-traded funds to highlight key information for shareholders and format the disclosures […more]