The 2020 GAAP Financial Reporting Taxonomy contains updates for accounting standards and other recommended improvements, including an initial set of Data Quality Committee Rules.
Items tagged with "SEC filers"
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) regarding its proposed Potential Technical Changes to EDGAR Filer Access and Filer Account Management Processes, File Number S7-12-21. The proposed changes are designed to increase security around the EDGAR administration and filing submission processes. The letter was prepared by the XBRL US […more]
November, 2021 SEC Commissioner Caroline A. Crenshaw addressed “The Lessons of Structured Data” in her speech at the November 10 XBRL US Investor Forum: Data that Delivers, noting “…XBRL requirements [have] allowed EDGAR to provide machine-readable data that have improved transparency in a number of ways… XBRL has enabled automatic processing and analysis by software […more]
FASB Taxonomy – Proposed Improvements for a Proposed ASU on Topic 326—Troubled Debt Restructuring & Vintage Disclosures
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 GAAP Taxonomy Improvements for a Proposed Accounting […more]
Attend December 2 webinar for review of proposed and recently approved rule sets The XBRL US Data Quality Committee (DQC) has published its 17th Rule Set for a 45-day public review and comment period, which closes on December 31, 2021. This latest draft rule set contains three rules specific to US GAAP filers, two rules […more]
Attend this one-hour session for a review of the DQC public review Rule Set 17.
The XBRL US Center for Data Quality kicked off its 17th public exposure period on November 15 and the comment period closes on December 31, 2021. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on eight new rules. Investors, analysts, public company accountants, data aggregators, tool and service […more]
The Securities and Exchange Commission (SEC) published a rule proposal on November 4, 2021 that, if passed as written, would require financial statements reported on Form 11-K to be prepared using Inline XBRL. Form 11-K is used for annual reports of employee stock purchase plans, savings plans, and similar plans. Financials in Form 11-K include: […more]
XBRL US submitted a comment letter in response to the Securities and Exchange Commission’s (SEC) request for comment on Potential Technical Changes to EDGAR Filer Access and Filer Account Management Processes, EDGAR Next. The letter was prepared by the XBRL US Regulatory Modernization Working Group which is composed of 14 filing agents and applications providers, […more]