The Calcbench Insider: June 2020
In this issue:
- Covid-19 Disclosures
- Earnings release & 10-K timing
Items tagged with "analysts"
Investors Need More (Not Less) Auditor Input about Smaller Companies
Investors Need More (Not Less) Auditor Input about Smaller Companies. Structured (XBRL) data helps identify the risks of a proposed SEC change to definitions for accelerated and large accelerated filers.
How Data Transparency Can Help Fight COVID-19
Marc Joffe of the Reason Foundation, and Chair of the XBRL US Standard Government Reporting Working Group, writes that to make better-informed decisions about coronavirus, governments should be publishing comprehensive, machine-readable data sets. The article goes on to note: “In the weeks since COVID-19 became a pandemic, a plethora of data dashboards have been launched […more]
SEC Final Rule on Accelerated and Large Accelerated Definitions, New Cover Page Checkbox
The new rule changes the definition of accelerated and large accelerated filers, and requires a new check box to be added to the cover page of 10-Ks, 20-Fs, and 40-Fs, which must be tagged in Inline XBRL.
SEC Amends Reg NMS, Proposes New Form CC
Amendments introduce a decentralized consolidation model which will allow competing consolidators to collect and disseminate market quote and transaction data. The rule also proposes alternatives including the use of Inline XBRL for new Form CC, which includes general and business information, services and fees, as well as operational capability information. Comments are due by June 24, 2020.
XBRL US Comments on SEC Resource Extraction Payments Proposal
Cites goal of providing more information to global markets, and holding governments accountable for management of oil, gas, and mineral resources.
FASB Requirements for Extensible Enumerations in the US GAAP Taxonomy
Attend this 60-minute session to learn about new XBRL technical requirements that will impact the US GAAP Taxonomy in 2021. Learn today, be ready tomorrow.
SEC Adopts iXBRL for Variable Annuity & Life Insurance, Publishes Draft Taxonomy
Amendments require the use of Inline XBRL for certain required disclosures in the variable contract statutory prospectus. In addition, the SEC published a draft Variable Insurance Product (VIP) Taxonomy which has been posted for a 90-day public review.
Data Analytics to Set Policy, Evaluate Investments & More
Attend this 60-minute session to learn how corporate data is used by savvy investors and policy setters to make better decisions.
XBRL US Comments Prior to SEC Muni Conference “Spotlight on Transparency”
XBRL US submitted a comment letter to the Securities and Exchange Commission’s Office of Municipal Disclosures in advance of their scheduled conference “Spotlight on Transparency: A Discussion of Secondary Market Municipal Securities Disclosure Practices”. The XBRL US letter advocated for the use of data standards for state and local government reporting and asked that the […more]
