SEC Requires XBRL Tagging of 8-K

In March 2019, the SEC adopted final amendments to its rules which On March 20, 2019, the SEC adopted final rule amendments, in connection with the FAST Act, which have expanded the scope of XBRL tagging requirements to the cover page of Forms 8-K, 10-Q, 10-K, 20-F, and 40-F (annual reports) using Inline XBRL. The […more]


Novaworks News – April, 2019

In this issue: SEC Adopts FAST Act Simplification and Modernization of Regulation S-K SEC Releases EDGAR 19.1.1 SEC Proposes Offering Reforms for Business Development Companies and Registered Closed-End Funds SEC Staff to Hold Spring Fintech Forum on Distributed Ledger Technology and Digital Assets


SEC Requires XBRL Tagging of 8-K

In March 2019, the SEC adopted final amendments to its rules which expand the XBRL tagging requirement to Form 8-K filings. And it’s not just for selected Form 8-K filings; it’s for all of them. Form 8-K is the interim report that companies must file with the SEC to announce major events that shareholders should […more]


CFA Institute on XBRL and Audit

In a recent blog post from the CFA Institute, Mohini Singh, ACA, Director of Financial Reporting, commented that with the mandate to use Inline XBRL for corporate filings in the United States and in Europe, it is time to begin considering audit for the XBRL version of the filing. The blog points out that: “Only […more]


FASB FAQ updated for 2019 US GAAP

The Financial Accounting Standards Board (FASB) Staff recently issued an update to the Frequently Asked Questions about the U.S. GAAP Financial Reporting Taxonomy (FAQ) to include new guidance for preparers on addressing the deprecation of the “Report Date [Axis]” (CreationDateAxis) with the 2019 Taxonomy Update. The FAQ is available on the FASB website.


Novaworks News – March, 2019

In this issue: SEC Staff to Hold Spring Fintech Forum on Distributed Ledger Technology and Digital Assets SEC Fee Rate Advisory #2 for Fiscal Year 2019 SEC Releases EDGAR 19.1


Communications & Services Steering Committee Meeting

12:00 PM ET Tuesday, May 21, 2019
XBRL US Web Conference
Email membership@xbrl.us to get involved

XBRL US Members are invited to get involved by attending this monthly meeting to discuss strategy and get updates on Committee workstreams. Learn more about XBRL US Steering Committees  Email membership@xbrl.us to get involved


Domain Steering Committee Meeting

3:00 PM ET Thursday, May 2, 2019
XBRL US Web Conference
Email membership@xbrl.us for details

XBRL US Members are invited to get involved by attending this monthly meeting to discuss strategy and get updates on Committee workstreams. Learn more about XBRL US Steering Committees; email membership@xbrl.us to get involved.


Approved Validation Rules & Guidance

The Data Quality Committee – a collaborative of public companies, providers and data users working to improve standardized financial reporting – updated version 8 of freely-available rules and guidance in April, 2019. Several tools are certified for implementation of the approved rules.


Communications & Services Steering Committee Meeting

12:00 PM ET Tuesday, April 16, 2019
XBRL US Web Conference
Email membership@xbrl.us to get involved

XBRL US Members are invited to get involved by attending this monthly meeting to discuss strategy and get updates on Committee workstreams. Learn more about XBRL US Steering Committees  Email membership@xbrl.us to get involved