Items tagged with "standards"

The Future is NOW

The inline XBRL specification has been in widespread use around the world for years. The SEC’s recent decision to adopt inline filing as a requirement brings significant benefits for all stakeholders and challenges for companies that have not yet mastered the craft of digital financial storytelling.


Point of View

The Future is NOW

David Tauriello, Vice President, Operations, XBRL US
The inline XBRL specification has been in widespread use around the world for years. The SEC’s recent decision to adopt inline filing as a requirement brings significant benefits for all stakeholders and challenges for companies that have not yet mastered the craft of digital financial storytelling.


State and Local Government

A new XBRL US working group seeks to address standards related to state and local government annual financial reports by designing schemas and XBRL implementation(s) for open data reporting of state and local government actual financial results.


U.S. Department of Commerce Seeks Input on Leveraging Data as a Strategic Asset

On June 27, the U.S. Department of Commerce published a Request for Comment seeking input on the President’s Management Agenda which established a Cross-Agency Priority (CAP) goal of Leveraging Data as a Strategic Asset. This program has an intended purpose of guiding development of a comprehensive long-term Federal Data Strategy to grow the economy, increase […more]


Fact or Fiction? Let’s Set the Record Straight

Fact or Fiction? Let’s Set the Record Straight

Al Berkeley, Chairman, Princeton Capital
H.R. 5054 aims to reduce the burden on small filers, through an XBRL exemption. While the intent is good, the repercussions of the passage of an exemption like this, are anything but. Read on for the real facts.


Request for Comments: Draft 2018-2022 SEC Strategic Plan

Monday, June 25 - Wednesday, July 25, 2018
US Securities and Exchange Commission Comment Period
Federal Register announcement

The Securities and Exchange Commission (SEC) is seeking comments on its draft 2018–2022 Strategic Plan. The draft Strategic Plan includes a draft of the SEC’s mission, vision, values, strategic goals, and planned initiatives. Comments may be submitted by any of the following methods: E-mail PerformancePlanning@sec.gov Postal mail: Nicole Puccio, Branch Chief Securities and Exchange Commission […more]


US Public Companies Need to Stay Relevant In a Digital Age

John Turner, CEO, XBRL International

US lawmakers should reject the suggestion that smaller listed companies’ Fintech-friendly data be replaced with paper. It would be like telling smaller film makers that they can’t use Netflix anymore, but instead need to market their work on VHS tape.


SEC Sites Add the “S” in “httpS://”

Herm Fischer, XBRL Developer, Mark V Systems Limited

The United States Securities and Exchange Commission is transitioning XBRL taxonomy web sites to HTTPS from HTTP.

Find out what you need to know about the changes.


SEC Publishes Investment Company Liquidity Disclosures Proposal

On March 14, 2018 the Securities and Exchange Commission published a proposal: Investment Company Liquidity Disclosures which builds off the final rule adopted in October 2016 for new forms N-PORT and NCEN. In that final rule, they opted for XML formatting instead of XBRL. XBRL US had submitted a comment letter at the time, advocating the […more]


Public Exposure for Comment – XBRL US Taxonomy Approval and Metrics Process

Monday, March 5 - Thursday, April 5, 2018
XBRL US Public Review
Get details and provide comments

The XBRL US Taxonomy Approval and Metrics Process (TAM) document has been revised and updated by the Domain Steering Committee and is available for comment through April 5. This document is for developers to use when creating and updating taxonomies.