Items tagged with "SEC filers"

DQC XBRL Rule Review: 7th Approved Ruleset and 8th Proposed Ruleset

3:00 PM EDT Wednesday, January 16, 2019
XBRL US Webinar hosted by Toppan Merrill
Watch / listen to replay

Attend this one-hour session to learn about the 7th Approved Ruleset for US GAAP filers and the 8th Proposed Ruleset for IFRS filers, how to implement them, and how you can weigh in on final standards that are set.


XBRL US Comments on SEC List of Rules Including XBRL Requirements

XBRL US has submitted a comment letter responding to the SEC request for comment on the List of Rules to be Reviewed Pursuant to the Regulatory Flexibility Act. The Regulatory Flexibility Act requires a 10-year review of rules that may impact small businesses. Rules included in the list pertaining to XBRL are: Interactive Data to […more]


FASB Taxonomy – Calls for Comment

Wednesday, December 19, 2018 - Tuesday, February 19, 2019
Proposed Taxonomy Improvements for Proposed Accounting Standards Update Public Review hosted by FASB
Read the Release Notes

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 Proposed Accounting Standards Updates […more]


2019 US GAAP Financial and SEC Reporting Taxonomies

The 2019 GAAP Financial Reporting Taxonomy contains updates for accounting standards and other recommended improvements. The 2019 SRT contains updates for the SEC’s authoritative literature in which the underlying recognition and measurement are not specified by GAAP and dimensional elements whose underlying recognition and measurement are not specified by GAAP but that are elements used by GAAP filers.


SEC Posted Request For Comment on Content, Nature & Timing of Earnings Disclosures

Today, the SEC published a request for comment on the nature, content, and timing of earnings releases and quarterly reports made by reporting companies, with an eye towards reducing the burden on public companies while at the same time enhancing the value of the disclosures to investors. Areas they seek to address include: The nature […more]


Public Exposure for Comment – Data Quality Committee Rules

Monday, December 17 - Friday, February 1, 2019
XBRL US Public Review
Read about rules and comment

The XBRL US Center for Data Quality kicked off its eighth public exposure period on December 17 and the comment period closes on February 1, 2019. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on two new automated validation Rules – Member Extensions and Negative Values (for IFRS […more]


Public Exposure of Guidance & Validation Rules

In the current public exposure period of rules and guidance for public company filers, the Data Quality Committee (DQC) seeks comment on version 8 of the DQC Rules for Extension Members for US GAAP and IFRS filings and Negative Values for IFRS filings only through Friday, February 1, 2019.


The Calcbench Insider: December 2018

In this issue:

  • Lease accounting: FedEx vs. UPS.
  • Our updated lease accounting guide.
  • Find historical trend data: an example.
  • Analysts, does this sound familiar?
  • Geeking Out on the Filings
    Cost of revenue, SG&A: a Q3 update.
    SEC comment letters: The Amazon Example.

IFRS Taxonomy Public Review Launched, Ends February 2, 2019

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]


The right tools for when it absolutely, positively, has to be done right.

Ami Beers, Director — Assurance and Advisory Services, Corporate Reporting, Association of International Certified Professional Accountants (AICPA); Member, XBRL US Data Quality Committee

Preparing a perfect turkey is critical for a successful Thanksgiving. Preparing quarterly financial statements is another activity where “getting it right” is critical. The risk of mistakes has significant downsides, ranging from SEC sanction to negatively affecting your company stock price.