August 2023 Mark Funkhouser to Keynote GovFin 2023: Empowering Governments, Modernizing Reporting, to be held in Washington, DC on November 9, 2023. The former mayor of Kansas City, Missouri, and internationally recognized auditing and municipal finance expert, author, and teacher in public administration, will share his insights at GovFin 2023. In a recent article, Mark […more]
July 2023 XBRL US announced GovFin 2023: Empowering Governments, Modernizing Reporting, to be held in Washington, DC on November 9, 2023. This one-day conference features speakers from the Data Foundation, the Federal Energy Regulatory Commission (FERC), the Global LEI Foundation (GLEIF), the Municipal Securities Rulemaking Board (MSRB), the Securities and Exchange Commission (SEC), The Cato […more]
Formed as a subcommittee of the Communication Steering Committee and the Domain Steering Committee, Regulatory Modernization Working Group is tasked with establishing a dialogue with regulators to ensure the efficient implementation of structured data standards programs.
Formed as a subcommittee of the Communication Steering Committee, the Academic Committee is tasked with developing resources for educators that aid in the understanding and use of structured data standards programs.
June 2023 SEC report on public and internal use of machine-readable data published to support FDTA implementation. The Securities and Exchange Commission (SEC) published their first Semi-Annual Report to Congress: Regarding Public and Internal Use of Machine-Readable Data for Corporate Disclosures, June 2023. This report is required under the Financial Data Transparency Act (FDTA), Section […more]
May 2023 XBRL US publishes white paper, “Data Standards and the FDTA”, sponsored by Donnelley Financial Solutions (DFIN). The paper explores the current state of data management among agencies and provides a roadmap to meet the achievable goals laid out in the FDTA. It describes the current state of 400+ data sets collected by covered […more]
April 2023 SEC to host Municipal Securities Disclosure Conference on May 10, 2023. The program agenda will cover the Financial Data Transparency Act (FDTA), voluntary disclosures, risks, and current disclosure topics. Members are encouraged to attend and registration is required (deadline to register May 5, 2023). SEC announced that they had reopened the comment period […more]
March 2023 Online training programs from XBRL US are now freely available for regulators, developers and businesses. Three programs covering XBRL Fundamentals, Understanding the US GAAP Taxonomy, and Introduction to XULE (an open source processing language) have been developed to educate stakeholders in the reporting ecosystem. The first two programs include short videos and quizzes […more]
January/February 2023 SEC final rule calls for Inline XBRL for disclosures on policies to facilitate straight-through-processing. The final rule, Shortening the Securities Transaction Settlement Cycle is effective 60 days after the 3/6/2023 publication to the Federal Register. The rule adopts amendments to shorten the standard settlement cycle for most broker-dealer transactions from two business days […more]
The Financial Accounting Standards Board (FASB) has extended the period for the Invitation to Comment on Proposed Meta Model Relationships to May 11, 2023. Additional information about the ITC can be found through this FASB/XBRL US webinar, “FASB Meta Model Invitation to Comment and Proposed Policy Election Element Relationships” held on Nov 2, 2022. Watch […more]
The national consortium for
the business reporting standard
