The Securities and Exchange Commission announced it will allow companies to voluntarily file structured financial statement data in the Inline XBRL data format, a technology that is freely licensed and made available by XBRL International. This initiative represents another step in the SEC's continuing efforts to modernize and enhance its requirements to facilitate transparency of, and access to, companies' disclosures.
SEC Order 34-78041 allows companies to file structured financial statement data required in their annual and quarterly reports integrated within their HTML filings through March 2020: http://www.sec.gov/rules/exorders/2016/34-78041.pdf.
Learn more about the XBRL International technical specification.
Upcoming XBRL US Events
Public Review for Version 31 of DQC Rules
Center for Data Quality Committee Meeting
AI Technologies Impact on Company Compliance Activities
Domain Steering Committee Meeting
Communications & Services Steering Committee Meeting
Digital Standards for Digital Assets – Supporting the GENIUS Act
