Items tagged with "SEC filers"

SEC Filing Fee Disclosure & Payment Methods Modernization Final Rule Published

The Securities and Exchange Commission published the final rule for Filing Fee Disclosure and Payment Methods Modernization, a significant bill that will require Inline XBRL for, “…most fee-bearing forms, schedules and statements to provide that each filing’s calculation of filing fee tables, together with related explanatory notes to the filing fee tables, include all required […more]

SEC Reopens Comment on Listing Stds for Recovery of Erroneously Awarded Compensation

The Securities and Exchange Commission today reopened the comment period for their rule proposal on Listing Standards for Recovery of Erroneously Awarded Compensation, which if finalized as proposed, would require issuers to establish and implement a policy for recovery of incentive-based compensation based on financial information required to be reported. The rule would require the […more]

Newsletter for the Reporting Standard of Business and Government

The Federal Government and individual agencies are rapidly recognizing the value of structured data. Recent legislation and regulatory actions show the increasing call to treat data as a strategic asset and embrace standardization to safeguard decision-useful data. Congressional Budget Justification Transparency Act of 2021 Signed by President – Requires Agencies to Post Budget Materials in […more]

Approved Validation Rules

The Data Quality Committee released version 14 of freely-available rules and guidance in February.These 66 rules are automated checks helping US GAAP and IFRS filers detect and resolve inconsistencies or errors in XBRL-formatted financials before submission to the Securities and Exchange Commission.

SEC Announces EDGAR Next – Improving Filer Access & Account Management

The Securities and Exchange Commission (SEC) announced their plans for EDGAR Next – Improving Filer Access and Account Management. EDGAR Next involves a rule proposal for technical changes to how filers access the EDGAR System to make submissions and how filers manage individuals who make submissions on their behalf. The rule proposal is out for […more]

Value Reporting Foundation (SASB) Publishes Final Taxonomy Release

Today, the Value Reporting Foundation (SASB) announced that they have completed the first release of their XBRL Taxonomy, and they have announced the formation of a Taxonomy Review Committee to assist in managing and governing the standards going forward. The final release incorporates technical recommendations submitted during a public review and comment period. Learn about: […more]

SEC Announces FASB Proposed Technical Improvements for 2022 SRT

Today the Securities and Exchange Commission (SEC) announced that the FASB has issued proposed technical and other confirming improvements for the 2022 SEC Reporting Taxonomy, along with related release notes and a proposed Technical Guide.  The FASB is requesting comments on the guide and taxonomy improvements. Comments should be submitted directly to the FASB. Download […more]

SEC Updates Interactive Data Test Suite

The Securities and Exchange Commission (SEC) announced that their Interactive Data Test Suite has been updated, and they are accepting comments related to the updates to the suite. Visit the Interactive Data Test Suite. See a summary of changes. Comments can be submitted to indicating “Interactive Data Test Suite” in the subject field.

August, 2021 Newsletter

August, 2021 SEC Commissioner Caroline Crenshaw and Independent Corporate Director, former FASB Chair, Leslie Seidman to keynote XBRL US Investor Forum: Data that Delivers. The half-day, virtual event, to be held on November 10, will feature case studies and demonstrations of how machine-readable data has changed the analytics dynamic for investors, corporate financial planners, researchers, […more]

SEC Publishes Draft Taxonomies Including CEF and DEI

On September 1, 2021, the Securities and Exchange Commission (SEC) published draft taxonomies for a public comment and review period that will end November 1, 2021. The 2021 Q4 release draft updates the Closed-End Fund (CEF) from the previous version that was out for public review in April 2020. It also includes updates to the […more]