XBRL US submits comment letter supporting the SEC proposal on transitioning operating companies and mutual funds to Inline XBRL and provides feedback on challenges that should be considered when setting timing for the start date of the proposal.
News from XBRL International
- DATA Act reporting commences - May 26, 2017
- ESMA Thinking Through Extensions - May 26, 2017
- Updated Filing Obligations in España - May 26, 2017
- Stocks, Bonds or Silicon Chips? - May 26, 2017
- Blockchain not yet ready for prime time says Bank of Canada - May 26, 2017
- FAQs on the IFRS Taxonomy and Updates to FAQs on Inline XBRL - April 27, 2017
- Level 4 Tagging - April 3, 2017
- Inline XBRL Filing of Tagged Data Proposed Rule - March 20, 2017
- Update to EDGAR Filing Detail View - March 10, 2017
- XBRL Taxonomy Update, March 6, 2017 - March 8, 2017
From the Federal Register
- Adoption of Updated EDGAR Filer Manual - March 31, 2017
- Exhibit Hyperlinks and HTML Format - March 17, 2017
- Inline XBRL Filing of Tagged Data - March 17, 2017
- Request for Comment on Possible Changes to Industry Guide 3 (Statistical Disclosure by Bank Holding Companies) - March 7, 2017
- IFRS Taxonomy for Foreign Private Issuers That Prepare Their Financial Statements in Accordance With International Financial Reporting Standards as Issued by the International Accounting Standards Board - March 6, 2017
In this issue:
- Goodwill impairment turns around
- Leasing costs in the Internet sector
- Patterns in deferred revenue, 2011-2016
XBRL US strongly opposes Section 411 of Subsection C of Title IV in the Financial CHOICE Act, a provision to exempt small companies from XBRL filing and which will have significant negative repercussions on both Wall Street and Main Street. Read the XBRL US argument on Section 411 in a letter to the House Financial Services Committee.
GO BIG! In addition to the Data Toolkit – freely-available APIs, spreadsheet templates, a Chrome browser add-on and documentation – every XBRL US Member can get updated schema documentation and query data in near real-time from this growing resource of filings submitted to the SEC since 2009.
Not an XBRL US Member, yet? Maybe it’s time to consider joining for yourself or your organization.
On March 1, 2017, the 2016 IFRS Taxonomy was published pursuant to U. S. Securities and Exchange Commission’s Rule 405 of Regulation S-T. XBRL US has produced webinars featuring representatives from the SEC and IASB addressing implications for FPIs and others in using the taxonomy. Below is the playlist of replays for these events (April […more]
In this issue:
- Reading the tea leaves of net income in Q4
- R&D Spending on the Rise, 2013-2016
- Long look at banking sector interest income
April 2017 Regulatory & Legislative News May 16 Deadline Set for Comments to SEC Rule Proposal on Inline XBRL SEC Proposes Changes to Industry Guide 3 (Statistical Disclosure by Bank Holding Companies) XBRL US News Webinar: SEC Notice on IFRS Taxonomy: What It Means for FPIs, XBRL Providers & Data Users, April 5 Point […more]
How companies report their financials can have a big impact on investing, and ultimately on the economy. That’s why issuers, analysts, investors and data analytics providers, as well as XBRL tool and service providers should comment on the SEC’s new rule proposal for Inline XBRL.
In this issue:
- An early look at 2016 annual reports
- Operating margins at large filers, 2013-2016
- Share repurchase programs, through Q3 2016
New rule would improve efficiency of SEC filing XBRL US today applauded the unanimous vote by the Securities and Exchange Commission (SEC) to publish a rule proposal requiring public companies to submit their periodic financial statements and footnotes using Inline XBRL. The Inline XBRL submission would replace the current practice of dual XBRL and HTML […more]