Items tagged with "standards"

Harmonizing accounting and data standards

Donna Johaneman, Senior Project Manager XBRL, FASB; and Louis Matherne, Chief of Taxonomy Development, FASB

The FASB approach to incorporating new ASUs into XBRL data standards.


FERC Announces Public Taxonomy Review and Technical Conference Open to the Public

The Federal Energy Regulatory Commission (FERC) announced that the initial draft of the FERC Taxonomy, which the Commission has been developing for entities filing FERC forms 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 6-Q, 60 and 714, is now available, along with supporting documents, at https://www.ferc.gov/docs-filing/forms/forms-refresh.asp. The taxonomy can be viewed in […more]


Novaworks LLC on XBRL US Taxonomy Development Handbook

Novaworks LLC posted a blog describing the newly released Taxonomy Development Handbook (TDH). Read the blog. Access the TDH and participate in the public review.


Building a taxonomy is a team effort

Donna Johaneman, Senior Project Manager XBRL, FASB; and Louis Matherne, Chief of Taxonomy Development, FASB

Building a taxonomy is a team effort. Found out how the US GAAP Taxonomy was developed, and how it’s maintained today.


Standards Development Handbook Published for Comment by XBRL US

Regulators, data analytics & software providers, reporting entities are invited to review XBRL US, the nonprofit standards organization, published an initial exposure draft of the Taxonomy Development Handbook (TDH), a comprehensive guide that directs regulators, industry experts, and businesses through a practical, consistent roadmap to building high quality data standards using XBRL. The handbook walks […more]


Taxonomy Development Handbook Public Review

11:30 PM EDT Tuesday, January 14, 2020
XBRL US Webinar
Watch / listen

Join the XBRL US Domain Steering Committee (DSC) to learn about the Taxonomy Development Handbook (TDH) and how to participate in the public review. You’ll also hear about technical guidance materials developed by XBRL International. Both sets of guidance materials are designed to help regulators and business develop and implement effective data standards programs. Access […more]


XBRL Taxonomy Development Handbook

The Taxonomy Development Handbook (TDH) is a comprehensive guide directing regulators, industry experts, and businesses through a practical roadmap to building high quality data standards, to support the increasing demand for data standardization in business and government reporting.


XBRL US Supports Financial Transparency Act (FTA)

XBRL US supports the Financial Transparency Act (FTA) (HR 4776), which was reintroduced on September 24, 2019 by Carolyn Maloney (NY-D), Chair of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, of the House Financial Services Committee, and by Patrick McHenry (NC-R), Ranking Member of the Subcommittee. This is a very important bill for […more]


Financial Transparency Act (FTA) Reintroduced

On September 24, 2019, the Financial Transparency Act (FTA)  (H.R. 4476) was reintroduced by House Financial Services Committee Ranking Member Patrick McHenry (NC-R) and Subcommittee Chairwoman Carolyn Maloney (NY-D). This is a very important bill for data standards, with a stated goal: To amend securities, commodities, and banking laws to make the information reported to […more]


Proposed Updates to 2020 US GAAP Financial Reporting Taxonomy

The Financial Accounting Standards Board (FASB) has published the following Proposed Accounting Standards Updates for public comment: Proposed Accounting Standards Update (Revised)—Debt (Topic 470)—Simplifying the Classification of Debt in a Classified Balance Sheet (Current versus Noncurrent) (Revision of Exposure Draft Issued January 10, 2017). The proposed taxonomy improvements added elements for disclosures of debt in […more]