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Posted Tuesday, November 15, 2022

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]


Event date - Saturday, December 31, 2022

Public Exposure for Comment – Data Quality Committee Rules and Guidance

The XBRL US Center for Data Quality kicked off its 20th public exposure period on November 15 and the comment period closes on December 31, 2022. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on seven new rules – including two rules designed specifically for the SEC’s new […more]


Posted Thursday, November 10, 2022

October 2022 Newsletter

October, 2022 The Securities and Exchange Commission (SEC) finalized two new rules with XBRL requirements. Tailored Shareholder Reports for Mutual Funds and Exchange-Traded Funds; Fee Information in Investment Company Advertisements adopts amendments for annual and semi-annual shareholder reports provided by mutual funds and exchange-traded funds to highlight key information for shareholders and format the disclosures […more]


News

Posted Monday, November 7, 2022

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]


Event

Event date - Friday, February 17, 2023

US SEC Call for Comment – 2023 EDGAR Taxonomies

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.


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