Items tagged with "Surety"

Newsletter for the Reporting Standard of Business and Government

December, 2019 Happy New Year! The stage is set for a great 2020, thanks to the work of our members on critical projects in 2019: Completing the Taxonomy Development Handbook (a multi-year project), the Style Guide and other building blocks to create good quality taxonomies; Building more data quality rules and guidance to give issuers […more]


October / November Newsletter

October / November 2019 Legislative and Regulatory News ROC of the LEI Seeks Comment on LEI for Government Entities SEC Proposes Inline XBRL for Fee Calculation Tables and Fee Footnotes Senate Passes GREAT (Grant Reporting Efficiency and Agreements) Act SEC Proposes Update of Statistical Disclosures for Banks and Savings and Loan Registrants FASB Proposes Updates […more]


August/September 2019 Newsletter

August / September 2019 Legislative and Regulatory News SEC Publishes Draft EDGAR Filer Manual for Public Review SEC Analyzes Extension Elements in XBRL Filings SEC Chief Economist Speaks on Big Data at NBER SEC Publishes Compliance and Disclosure Interpretation on Inline XBRL SEC Publishes Modernization of Regulation S-K, Items 101, 103 and 105 Rule Proposal […more]


June 2019 Newsletter

June 2019 Legislative and Regulatory News GREAT Act Passes Senate Committee on Homeland Security & Government Reform FERC Adopts XBRL Standards for Utilities Reporting California State Assembly Committee Approves SB 598, Open Financial Statements Act SEC Publishes Concept Release to Harmonize Exempt Offerings SEC Updates EDGAR to Release 19.2, Publishes DEI Taxonomy U.S. Federal Data […more]


Standards to improve surety bond claims processing

David Hartman, Director, Analytics, IFIC Surety, and Michelle Savage, VP Communication, XBRL US

When a project is bonded, the surety must be prepared to answer the call in the event subcontractors or vendors are not paid or project performance is not up to snuff. Data standards can ease that process for the principal, the obligee, and the surety.


April/May 2019 Newsletter

April/May 2019 Legislative and Regulatory News SEC Publishes Draft EDGAR Filer Manual SEC Proposes XBRL for Reporting by Business Development Companies & Closed End Funds SEC Finalizes FAST Act Requires XBRL Tagging for Cover Page Small Business Administration Accepts XBRL Data for Surety Bond Guarantee Program FERC Proposal on Transmission Investment Activity References Use of […more]


Small Business Administration Accepts XBRL Data for Surety Bond Guarantee Program

The Small Business Administration’s Surety Guarantee Program is now able to ingest XBRL-formatted Work-in-Process Reports, eliminating manual data entry for bond agents and contractors.


Contractor Financials Taxonomy

The XBRL US Surety Working Group has developed the initial release of the Contractor Financials Taxonomy, which contains data standards to capture income statement and balance sheet information about contractors. The taxonomy was created by starting with an initial set of data standards contributed by Crowe LLP, a public accounting, consulting, and technology firm. The […more]


XBRL US Surety Working Group Initiates Public Review of Contractor Financials Data Standards

The XBRL US Surety Working Group, today announced the publication of a draft release of the Contractor Financials Taxonomy, which contains data standards to capture income statement and balance sheet information about contractors.


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Contractor Financials Taxonomy Legal Notice

Notice Authorized Uses of this Document Copyright © 2019 XBRL US, Inc. All Rights Reserved The Contractor Taxonomy may be used by the public, royalty-free and may be incorporated without change in other works that comment on, explain, or assist in the use or implementation of the XBRL US Contractor Taxonomy. To that end, this […more]