Responses to these questions reflect the informal views of one or more members of the staff of the U.S. Securities and Exchange Commission participating in a discussion and do not constitute an official statement of the views of the Commission or of the staff of the Commission and should not be relied upon as authoritative. […more]
Items tagged with "SEC filers"
June 2019 Legislative and Regulatory News GREAT Act Passes Senate Committee on Homeland Security & Government Reform FERC Adopts XBRL Standards for Utilities Reporting California State Assembly Committee Approves SB 598, Open Financial Statements Act SEC Publishes Concept Release to Harmonize Exempt Offerings SEC Updates EDGAR to Release 19.2, Publishes DEI Taxonomy U.S. Federal Data […more]
According to a report from the Financial Reporting Council’s Financial Reporting Lab (PDF), XBRL (eXtensible Business Reporting Language) will play a central role in the movement toward the digitalization of corporate reporting. And with regulators in over 60 countries using XBRL for corporate reporting, I agree with the report’s recommendation that regulators, companies and investors […more]
Posted this month: SEC Requests Public Comment on Ways to Improve the Exempt Offering Framework SEC Updates List of Firms Using Inaccurate Information to Solicit Investors Updated Application for First-time EDGAR Filers’ Form ID SEC Enhances Protections and Preserves Choice for Retail Investors Notice Regarding EDGAR Password Expiration Date SEC Releases EDGAR 19.2
Attend this one-hour session for a review of the SEC’s FAST Act rule which requires XBRL cover page tagging for Forms 10-Q, 10-K, 8-K, 20-F and 40-F.
Responses to these questions were developed through an informal discussion with staff from the U.S. Securities and Exchange Commission. Question: What is the Commission’s position on data points in bar charts? We assume that would require hidden facts such as DEI information. Today the risk/return summary charts must be tagged in table format in the […more]
The International Financial Reporting Standards (IFRS) Taxonomy is the global standard issued by the IFRS Foundation to mark up electronic IFRS financial statements. By providing the IFRS Taxonomy, the International Accounting Standards Board can ensure that the taxonomy used is an accurate representation of International Financial Reporting Standards (IFRS Standards). 2019 IFRS Taxonomy resources || Viewer (full […more]
In this issue:
- Trends in capex spending
- Calcbench insights on charge-offs
- How to find earnings release data
- Speaking Out: Disclosure for ‘BDCs’
- Geeking Out on the Filings – the legal marijuana industry and inventory
Process Improvement Effective January 1, 2018, proposed Taxonomy Improvements to this Accounting Standards Update will have a formal comment period concurrent with the issuance of the Accounting Standards Update. This replaces the past practice of an annual 60-day comment period on the entire Taxonomy. FASB Staff Issues Proposed Taxonomy Improvements for a Proposed Accounting Standards […more]
To help US GAAP filers prepare for tagging the cover information, Novaworks Software has drafted a guide sheet with information that illustrates the XBRL elements and their corresponding data points. This guide sheet is applicable to all filers, with information for the cover pages for Form 10-K, Form 10-Q, Form 8-K, Form 20-F, and Form […more]