US GAAP

2022 Q4 Executive Compensation Disclosure Taxonomy

Family ECD Version 2022Q4 Taxonomy Guide https://xbrl.sec.gov/ecd/2022q4/ecd-taxonomy-guide-2022-12-19.pdf Release Notes https://xbrl.sec.gov/doc/releasenotes-2022q4.pdf Zip https://xbrl.sec.gov/2022q4.zip Schemas: https://xbrl.sec.gov/ecd/2022q4/ecd-2022q4.xsd https://xbrl.sec.gov/ecd/2022q4/ecd-sub-2022q4.xsd https://xbrl.sec.gov/dei/2022q4/dei-2022q4.xsd or https://xbrl.sec.gov/dei/2022/dei-2022.xsd Automatically imported: https://www.xbrl.org/dtr/type/2020-01-21/types.xsd https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd May be explicitly imported: https://xbrl.fasb.org/us-gaap/2022q3/us-gaap-sup-2022q3.xsd Common Taxonomy Files

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]

FASB Issues Proposed Improvements for 2023 GAAP Taxonomy Reference Project

The Financial Accounting Standards Board (FASB) issued for comment proposed improvements for the 2023 GAAP Financial Reporting Reference Project. The comment period ends on November 17, 2022. Read the Release Notes. Interested parties may provide comments on the proposed improvements by sending their comments to xbrled@fasb.org or by sending written comments to “Chief of Taxonomy […more]

US SEC Call for Comment – 2023 EDGAR Taxonomies

Monday, November 7, 2022 - Friday, February 17, 2023
Proposed Taxonomy Improvements Comment Period
Get details and provide comment

The draft 2023 update to the SEC taxonomies is now available for public review and comment, and includes updates to the SEC taxonomies as part of the annual review and update process for all SEC taxonomies accepted in the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system. Comments are due no later than February 23, 2023.

SEC Adopts Final Rule for Tailored Shareholder Reports for Mutual Funds & Exchange Traded Funds

The Securities and Exchange Commission (SEC) adopted the final rule for Tailored Shareholder Reports for Mutual Funds and Exchange-Traded Funds; Fee Information in Investment Company Advertisements.  The new rule adopts amendments for annual and semi-annual shareholder reports provided by mutual funds and exchange-traded funds to highlight key information for shareholders. The new rule becomes effective  […more]

SEC Adopts Final Rule for Erroneously Awarded Compensation

The Securities and Exchange Commission (SEC) adopted the final rule, Listing Standards for Recovery of Erroneously Awarded Compensation which requires national securities exchanges to establish listing standards that call for listed issuers to adopt and comply with a compensation recovery policy (often known as a clawback policy), and would require issuers to provide disclosures about […more]

FASB Issues Invitation to Comment on Proposed Meta Model Relationships

The Financial Accounting Standards Board (FASB) issued an Invitation to Comment on Proposed Meta Model Relationships which is out for public review until January 10, 2023. The proposed relationships are intended to communicate accounting model relationships in XBRL that can help preparers identify the right tag, data users in consuming data, and in writing business […more]

FASB Issues Release Notes on Proposed Policy Election Element Relationships

The Financial Accounting Standards Board (FASB) issued release notes describing the proposed policy election element relationships that will be provided in the GAAP Taxonomy. The goal is to provide relationships in the taxonomy to assist preparers to identify policy elements for consumption of the data, and to write business rules that assist with proper element […more]

FASB Publishes Technical & Other Improvements for 2023 GAAP Taxonomy

The Financial Accounting Standards Board (FASB) announced the start of a public review period for proposed technical and other conforming improvements for the 2023 GAAP Financial Reporting Taxonomy. The comment period is set to close on November 3, 2022. Read the Announcement with information on how to submit comments: FASB Staff Issues Proposed Technical Improvements […more]

SEC CEF and BDC Q&A

SEC CEF and BDC Q&A Do the Risk Factors section of the 10-Q or 10-K need to be tagged if the company refers to the prior filing that indicates there are no further updates or changes? A: It is assumed if the risk factors are not tagged this infers that the risk factors have not […more]