The Securities and Exchange Commission asked for an extension of their current data collection process for Form 6-K. While cover page tagging is required for Form 8-K, it is not required for Form 6-K. Comments are due in 30 days, by September 3, 2020. Read the data collection extension request.
Items tagged with "IFRS"
The Securities and Exchange Commission published an analysis of custom tags (extensions) used by IFRS filers on Forms 20-F, 20-F/A, 40-F and 40-F/A from January 2017 to December 2019. The analysis compares the use of custom tags on financial statements only, to custom tag rates for financial statements plus footnotes. The latest figures for 2019 […more]
Hear their views on how foreign private issuers are handling the move to greater standardization in a global marketplace.
Attend this session for an in-depth review of the Inline XBRL instance document and hear best practices on how to successfully manage the differences between conventional and Inline instances.
8th Ruleset published for public review and comment period The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 7th Ruleset which includes 13 types of validation checks for filings prepared using the US GAAP Financial Reporting Taxonomy as well as two guidance documents. The DQC also published an 8th Ruleset for […more]
The IASB has published a Proposed IFRS Taxonomy Update: General Improvements, with a 60 day comment period ending on February 4, 2019. Materials related to the draft taxonomy are available from Project News or the IFRS project webpage including: 20 minute webcast that provides a high level summary of the project and its proposals (accessed […more]
IFRS Foundation Proposes Updates to IFRS Taxonomy 2018, Requests Comment During a Public Review. The Proposed Update includes common reporting practice for disclosure requirements in IFRS 13, such as: 1) sensitivity of fair value measurement to changes in unobservable inputs; and 2) quantitative information about significant unobservable inputs used in fair value measurement. The public comment […more]
The IASB is asking for feedback on the changes proposed as a consequence of the analysis of common reporting practise of fair value disclosures. The comment period finishes on 19 November. The IASB has posted the taxonomy and supporting materials on it’s web site which can be accessed here.
On July 9, 2018, the SEC upgraded the EDGAR system in Release 18.2 to support the 2018 IFRS Taxonomy. The EDGAR system no longer supports the 2016 US GAAP, 2013 DEI, 2009 DEI, 2016 EXCH, and 2010 Risk-Return taxonomies. The EDGAR system currently supports the 2018 US GAAP, 2018 SEC Reporting (SRT), 2018 DEI, 2018 […more]
Understanding the big picture Identifying areas of risk including situations associated with inaccurate or untimely submissions Time saving review tips and tricks Industry best practice discussion Speakers: Chase Bongirno, Director of XBRL at Toppan Vintage Patrick Loughry, XBRL Subject Matter Expert at Toppan Vintage