Learn about the FASB’s Invitation to Comment on the efficiency and effectiveness of the U.S. GAAP Financial Reporting Taxonomy.
The Securities and Exchange Commission (SEC) announced the extension of compliance dates for the final rule, Investment Company Names. The compliance date is extended from December 11, 2025, to June 11, 2026, for fund groups with net assets of $1 billion or more as of the end of their most recent fiscal year; and from […more]
75% of disclosures reported to the Securities and Exchange Commission (SEC) under Securities Act Section 7, Exchange Act Sections 13 and 14 are submitted in structured, standardized format. The SEC opts for structured data because of the benefits it brings to investors, markets and issuers. Since 2015, XBRL US’ Data Quality Committee (DQC) has been […more]
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.
The XBRL US Standardized Statement Taxonomy normalizes core concepts for commercial and industrial company balance sheets, income statements, and cash flow statements. Learn how you can query normalized data in our Public Filings Database and use a web-based Python notebook to run a XULE expression and generate the normalized output (XML or JSON) of your favorite company financials created with the 2024 US GAAP Taxonomy.
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