2019 IFRS Taxonomy

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). 2019 IFRS Taxonomy resources || Viewer (full […more]


Navigating New Developments in Financial Reporting

According to a report from the Financial Reporting Council’s Financial Reporting Lab (PDF), XBRL (eXtensible Business Reporting Language) will play a central role in the movement toward the digitalization of corporate reporting. And with regulators in over 60 countries using XBRL for corporate reporting, I agree with the report’s recommendation that regulators, companies and investors […more]


GREAT Act for Grants Reporting, Passes Committee on Homeland Security & Govt Affairs

The GREAT Act (H.R. 150, S. 1829) was passed by the Senate Committee on Homeland Security and Governmental Affairs. The bill will next go to the full Senate for a vote. The bill calls for the creation of government-wide data standards to be used by grants recipients, as noted in the section of the bill […more]


SEC News from Novaworks Software

Posted this month: SEC Requests Public Comment on Ways to Improve the Exempt Offering Framework SEC Updates List of Firms Using Inaccurate Information to Solicit Investors Updated Application for First-time EDGAR Filers’ Form ID SEC Enhances Protections and Preserves Choice for Retail Investors Notice Regarding EDGAR Password Expiration Date SEC Releases EDGAR 19.2


Communications & Services Steering Committee Meeting

12:00 PM ET Tuesday, July 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


FAST Act Compliance: Cover Page Tagging for SEC Filers

3:00 PM EDT Wednesday, June 26, 2019
XBRL US Webinar
Register for FREE Webinar

Attend this one-hour session for a review of the SEC’s FAST Act rule which requires XBRL cover page tagging for Forms 10-Q, 10-K, 8-K, 20-F and 40-F.


Domain Steering Committee Meeting

3:00 PM ET Thursday, July 11, 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.


The Calcbench Insider: June 2019

In this issue:

  • Trends in capex spending
  • Calcbench insights on charge-offs
  • How to find earnings release data
  • Speaking Out: Disclosure for ‘BDCs’
  • Geeking Out on the Filings – the legal marijuana industry and inventory

Data Quality Certification

Does your tool or service provider incorporate the current version of approved XBRL US Data Quality Committee rules, and successfully run the rules on XBRL filings to produce expected results?

If not, why not? Finding and fixing issues identified prior to filing ensures a company’s data conforms to over 50 industry-developed, publicly-reviewed quality checks, and gives the markets a clear picture of company financials.

See real-time company-specific data quality filing results.


Q&A: Funds and Inline XBRL

Responses to these questions were developed through an informal discussion with staff from the U.S. Securities and Exchange Commission. Question: What is the Commission’s position on data points in bar charts? We assume that would require hidden facts such as DEI information. Today the risk/return summary charts must be tagged in table format in the […more]