Items tagged with "SEC filers"

SEC Adopted Final Rule on MD&A – Opts Not to Require Structured Data

On November 19, the Securities and Exchange Commission adopted the final rule Management’s Discussion and Analysis, Selected Financial Data, and Supplementary Financial Information. The final amendments do not require registrants to structure disclosures required by the amendments in a machine-readable format as we proposed in the XBRL US comment letter submitted. Our comment letter suggested […more]


Webinar: Automating Sustainability Data with XBRL

11:30 AM ET Tuesday, December 15, 2020
XBRL US Webinar
Register for Free Webinar

Attend this session about the increasing interest in sustainability standards in the US, and how they can be rendered more efficient in structured, machine-readable format.


SEC Finalizes Amendments to Modernize Disclosure for Open End Management Investment Companies

The Securities and Exchange Commission published a rule proposal to the Federal Register, Tailored Shareholder Reports, Treatment of Annual Prospectus Updates for Existing Investors, and Improved Fee and Risk Disclosure for Mutual Funds and Exchange-Traded Funds; Fee Information in Investment Company Advertisements, which aims to modernize the disclosure framework for open end management investment companies. […more]


SEC Announces IFRS Publishes Proposed Updates to IFRS Taxonomy 2020

The Securities and Exchange Commission announced that the IFRS Foundation has published a proposed update to the IFRS Taxonomy 2020 for public comment. The taxonomy updates address topics including earnings per share, employee benefits expenses and share-based payment expenses, as well as the effect of changes in foreign exchange rates. Comments should be sent directly […more]


SEC Announces FASB Public Review of XBRL US Data Quality (DQC) Rules Taxonomy

The Securities and Exchange Commission announced that the FASB has issued a proposed XBRL US Data Quality Committee (DQC) Rules Taxonomy, along with a Technical Guide on the US GAAP Taxonomy and the DQC Rules Taxonomy. Read the SEC announcement Visit the Taxonomy Read the FASB Technical Guide


Newsletter for the Reporting Standard of Business and Government

October, 2020 SEC Commissioner Allison Herren Lee, and PwC Vice Chair Wes Bricker will provide keynote addresses at the XBRL US Investor Forum 2020, November 17-18, 2020. Commissioner Lee has been an outspoken advocate for transparency and greater accountability to help small business, increase diversity and improve access to information for investors. Wes Bricker, who […more]


Public Exposure for Comment – Data Quality Committee Rules

Sunday, November 1 - Tuesday, December 15, 2020
XBRL US Public Review
Read about rules and comment

The XBRL US Center for Data Quality kicked off its 14th public exposure period on November 1 and the comment period closes on December 15, 2020. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on six new automated validation rules, including several for filers using the IFRS Taxonomy. […more]


Approved Validation Rules

The Data Quality Committee released version 13 of freely-available rules and guidance in October.These 61 rules are automated checks that help filers using US GAAP and IFRS Taxonomies supported by the US Securities and Exchange Commission detect and resolve inconsistencies or errors in XBRL-formatted financial data.


Public Exposure of Validation Rules & Guidance

The Data Quality Committee (DQC) seeks comment through Tuesday, December 15, 2020, on six new rules plus guidance for filers using the IFRS Taxonomy for SEC filings. XBRL US Members and public company personnel can use our secure service to check their filings with version 14, which includes approved and public exposure rules.


FASB Taxonomy – Call for Comment on DQC Rules Taxonomy

Wednesday, October 27, 2020 - Tuesday, December 1, 2020
Proposed Taxonomy Improvements Comment Period hosted by FASB
Proposed DQCRT Taxonomy & Technical Guides

FASB Staff Issues Proposed XBRL US DQC Rules Taxonomy and Accompanying Technical Guide The Financial Accounting Standards Board (FASB) staff recently issued for comment the following:  Proposed XBRL US DQC Rules Taxonomy (DQCRT)  Proposed Technical Guide Proposed SEC Reporting Taxonomy (SRT) Technical Guide The comment period on the proposed DQCRT and the proposed accompanying Technical […more]