News from XBRL International

From the News from the SEC's Office of Structured Disclosure

From the Federal Register


The latest for and from Governments

News Item

Posted Tuesday, April 9, 2019

SEC Proposes XBRL for Business Development Cos (BDC) and Closed End Funds (CEF)

On April 9, 2019, the Securities and Exchange Commission posted to the Federal Register a proposal to require the use of structured data for: Business Development Companies (BDC) submitting financial statement information using Inline XBRL; BDCs and closed end funds (CEF) to include structured covered page information in their registration statements on Form N-2 using […more]


News Item

Posted Thursday, April 4, 2019

The Calcbench Insider: April 2019

In this issue:

  • Our newest masterclass video is here.
  • Where the spending goes.
  • Adventures in taxes and net income.
  • Taxes, Part II: trends in payments.
  • Big movers in goodwill, intangible assets.

Posted Wednesday, April 3, 2019

Approved Validation Rules & Guidance

The Data Quality Committee – a collaborative of public companies, providers and data users working to improve standardized financial reporting – updated version 8 of freely-available rules and guidance in April, 2019. Several tools are certified for implementation of the approved rules.


News Item

Posted Thursday, March 28, 2019

SEC Requires XBRL Tagging of 8-K

In March 2019, the SEC adopted final amendments to its rules which expand the XBRL tagging requirement to Form 8-K filings. And it’s not just for selected Form 8-K filings; it’s for all of them. Form 8-K is the interim report that companies must file with the SEC to announce major events that shareholders should […more]


News Item

Posted Thursday, March 28, 2019

FERC Transmission Investment Activity Proposal References XBRL

On March 28, 2019, the Federal Energy Regulatory Commission (FERC) published a proposal, “Inquiry Regarding the Commission’s Electric Transmission Incentives Policy” regarding Form 730, Report of Transmission Investment Activity. This report contains data about actual and projected electric transmission capital spending. One of the questions raised in the proposal is: Should the Commission upgrade the […more]


News Item

Posted Friday, March 22, 2019

FASB FAQ updated for 2019 US GAAP

The Financial Accounting Standards Board (FASB) Staff recently issued an update to the Frequently Asked Questions about the U.S. GAAP Financial Reporting Taxonomy (FAQ) to include new guidance for preparers on addressing the deprecation of the “Report Date [Axis]” (CreationDateAxis) with the 2019 Taxonomy Update. The FAQ is available on the FASB website.


News Item

Posted Thursday, March 21, 2019

XBRL US Comment RE: SEC RFC on Earnings Releases & Quarterly Reports

On March 21, 2019, XBRL US submitted a comment letter responding to the SEC proposal, Request for Comment on Earnings Releases and Quarterly Reports  stating our support for quarterly filing. Quarterly reporting is beneficial to investors, other data consumers, and to reporting entities. The earnings announcement and the Form 10-Q are very different documents, and […more]


News Item

Posted Wednesday, March 20, 2019

SEC Finalizes FAST Act Simplification & Modernization of Reg S-K

On March 20, the SEC finalized the FAST Act Simplification and Modernization of Regulation S-K Rule which includes a requirement for registrants to tag all cover page data in Inline XBRL. The objective of this section of the rule is to “further enhance investors’ use of interactive data to identify, count, sort, compare, and analyze […more]


News Item

Posted Tuesday, March 19, 2019

Novaworks News – March, 2019

In this issue: SEC Staff to Hold Spring Fintech Forum on Distributed Ledger Technology and Digital Assets SEC Fee Rate Advisory #2 for Fiscal Year 2019 SEC Releases EDGAR 19.1


Posted Wednesday, March 13, 2019

XBRL US Comment RE: SEC Proposal Updated Disclosure for Variable Annuity & Variable Life Insurance

On March 13, 2019, XBRL US submitted a comment letter responding to the SEC proposal, Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts, File Number S7-23-18. Variable annuities represent a $96 billion industry, according to LIMRA Secure Retirement Institute (2017 figures)*. XBRL US supports the Commission proposal to require reporting […more]


Comment