The International Financial Reporting Standards (IFRS) Taxonomy is the global standard issued by the IFRS Foundation to mark up electronic IFRS financial statements. By providing the IFRS Taxonomy, the International Accounting Standards Board can ensure that the taxonomy used is an accurate representation of International Financial Reporting Standards (IFRS Standards). 2021 IFRS Taxonomy resources – includes .zip, […more]
Gary Gensler has been confirmed by the Senate to lead the Securities and Exchange Commission (SEC) as Chair. Commissioners of the SEC published a short statement congratulating him on the confirmation.
The Board of Governors of the Federal Reserve System, Bureau of Consumer Financial Protection, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office of the Comptroller of the Currency, have published a Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, Including Machine Learning. The goal of the RFI is to […more]
The Securities and Exchange Commission (SEC) announced the adoption of interim final amendments to Forms 20-F, 40-F, 10-K, and N-CSR to implement disclosure and submission requirements of the Holding Foreign Companies Accountable Act (HCFA) Act. The interim final amendments apply to: “…registrants that the Securities and Exchange Commission identifies as having filed an annual report […more]
The Federal Energy Regulatory Commission (FERC) announced that on April 15, 2021, the XBRL taxonomies, validation rules, and rendering files needed for the FERC XBRL rollout will be updated to Release 1.5, and will be available in the Yeti viewer. FERC’s current Visual FoxPro-based system will no longer be available for filings submitted after September […more]
The Securities and Exchange Commission (SEC) has updated EDGAR to Release 21.1 and now supports these 2021 taxonomies: U.S. GAAP SEC Reporting (SRT) Countries (COUNTRY) Currencies (CURRENCY) Document and Entity (DEI) Exchanges (EXCH) North American Industry Classification System (NAICS) Risk-Return (RR) Standard Industrial Classification (SIC) State and Province (STPR) The SEC announcement indicated that they […more]
The Securities and Exchange Commission has established a new web page to bring together Commission actions and updates on climate and ESG investing. Link to the SEC Climate and ESG Risks and Opportunities page.
Are you ready? Fall FERC deadlines for the first quarterly filing submissions in XBRL are coming soon. Be sure to consider all options in complying with new FERC XBRL requirements. Attend this session to see demonstrations from Advanced Computer Innovations, Inc; Novaworks, LLC; and RDG Filings. Also, join us at the free webinars on April […more]
Are you ready? Fall FERC deadlines for the first quarterly filing submissions in XBRL are coming soon. Be sure to consider all options in complying with new FERC XBRL requirements. Attend this session to see demonstrations from Iris Business Services; Systrends, and Workiva. Also, join us at the free webinars on April 27 and 29 […more]
March, 2021 Corporate sustainability takes center stage for both industry and regulators. March was a busy month for those interested in climate and other ESG topics. The Sustainability Accounting Standards Board (SASB) published its draft XBRL Taxonomy, which represents ESG metrics for 77 industry groups. XBRL US’ Domain Steering Committee reviewed and provided feedback to […more]