Items tagged with "SEC filers"

XBRL US Comments on SEC Reporting Threshold for 13F Filers

XBRL US submitted a comment letter to the SEC responding to their proposal, Reporting Threshold for Investment Managers. The proposal seeks to revise the disclosure requirement thresholds for investment managers filing Form 13F data to increase the reporting threshold from $100 million where it is today, to $3.5 billion. Today, 13F data is submitted to […more]


SEC Final Rule: Update of Statistical Disclosures for Banks and S&L Registrants

The Securities and Exchange Commission (SEC) published the final rule for Update of Statistical Disclosures for Bank and Savings and Loan Registrants. The rule amends disclosures required to be reported, and codifies certain disclosures in a new Subpart 1400 of Regulation S-K. The original proposed rule asked whether the disclosures should be included in the […more]


FASB Holds Public Review for Technical Improvements for the 2021 SEC Reporting Taxonomy

The Financial Accounting Standards Board (FASB) published proposed technical improvements for the 2021 SEC Reporting Taxonomy in a set of Release Notes for a review and comment period that ends November 2, 2020. Interested parties may provide comments on the proposed technical and other conforming improvements by emailing their comments to xbrl@fasb.org or by sending […more]


SEC Publishes Draft 2021 SEC Taxonomies for Public Review

The Securities and Exchange Commission published the draft 2021 SEC Taxonomies. The draft taxonomies are out for a public review and comment period to end November 2, 2020.


Newsletter for the Reporting Standard of Business and Government

August, 2020 The Financial Accounting Standards Board (FASB) published EE 2.0 impact on XBRL service providers and software. The impact study, called Extensible Enumerations 2.0 Implementation Impact on Service Providers and XBRL Creation Software – Are You Ready?, addresses the implementation of this new XBRL International technical specification in the 2021 US GAAP Taxonomy. Providers […more]


FASB 2021 SEC Reporting Taxonomy – Call for Comment

Tuesday, September 1 - Monday, November 2, 2020
Proposed Taxonomy Improvements Comment Period hosted by FASB
Release Notes (PDF)

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 Technical and Other Conforming Improvements for the […more]


XBRL US Comment on SEC Draft Closed-End Fund Taxonomy

XBRL US  submitted a comment letter in response to the SEC’s draft Closed-End Fund (CEF) Taxonomy which has been prepared to support the SEC rule for Securities Offering Reform for Closed-End Investment Companies. We recommended that the Commission: Rely on the XBRL International Data Type Registry in determining data types. Consider structuring the DEI Taxonomy, […more]


XBRL US Comment on Data Collection of Form 6-K

XBRL US submitted a comment letter in response to the SEC’s Extension of Data Collection of Form 6-K. We recommended that Form 6-K filers be required to prepare cover pages for 6-Ks using Inline XBRL, in the same way that Form 8-K cover pages must be prepared with the passage of the FAST Act. Investors […more]


FASB Publishes Extensible Enumerations 2.0 Impact on Providers & Software

To aid service providers and XBRL software providers, the FASB published Extensible Enumerations 2.0 Implementation Impact on Service Providers and XBRL Creation Software – Are You Ready? which addresses the implementation of Extensible Enumerations 2.0 in the 2021 US GAAP Taxonomy. Read the impact study.  


SEC Rule Proposal Administration of the EDGAR System

The Securities and Exchange Commission (SEC) published a rule proposal, Administration of the Electronic Data Gathering, Analysis, and Retrieval System, which is out for a 30 day public review period which ends on October 17, 2020. The proposal would add new Rule 15 which would allow the Commission to take certain actions in administering the […more]