Posted on Monday, August 15, 2022

The Florida Division of Accounting & Auditing has partnered with the Office of Information Technology to build the new Florida Open Financial Statement System, and have finalized and published the 2022 Annual Financial Report Taxonomy. Local governments will have the option to provide their financial data in the same manner they currently utilize, where it will be tagged and converted into XBRL format for their validation and submission, or they may choose to submit an XBRL instance.

This is the first state-led XBRL initiative that has officially launched. Local Florida governments are required to report financial data in XBRL format for fiscal years ending on or after September 1, 2022.

 



Upcoming XBRL US Events

Communications & Services Steering Committee Meeting
Tuesday, October 18, 2022

Domain Steering Committee Meeting
Tuesday, October 18, 2022

Get Started on the SEC’s Pay Vs Performance Disclosure Requirements
Wednesday, October 26, 2022

Variable Annuity & Life Insurance Cos – Get the Skill Set for XBRL
Tuesday, November 15, 2022