XBRL US responded to the Environmental Protection Agency Request for Comment on their Strategic Plan 2022-2026. Recommendations made by XBRL US centered on the third of the EPA key principles, “follow the science, follow the law, and be transparent“. The EPA collects a vast amount of data in its work to support seven strategic goals. As […more]
XBRL US submitted a comment letter in response to the Securities and Exchange Commission’s (SEC) request for comment on Potential Technical Changes to EDGAR Filer Access and Filer Account Management Processes, EDGAR Next. The letter was prepared by the XBRL US Regulatory Modernization Working Group which is composed of 14 filing agents and applications providers, […more]
The Securities and Exchange Commission (SEC) published a rule proposal on November 4, 2021 that, if passed as written, would require financial statements reported on Form 11-K to be prepared using Inline XBRL. Form 11-K is used for annual reports of employee stock purchase plans, savings plans, and similar plans. Financials in Form 11-K include: […more]
On November 4, 2021, the IFRS Foundation announced the formation of the International Sustainability Standards Board which will develop a comprehensive global base of sustainability disclosure standards to meet investor needs for ESG-related data. They also announced the consolidation of the Climate Disclosure Standards Board (CDSB) and the Value Reporting Foundation (which is composed of […more]
XBRL US submitted a comment letter in response to the Securities and Exchange Commission’s Request for Comment on the 2021 Q4 release draft which updates the Closed-End Fund (CEF) from the previous version that was out for public review in April 2020. Read the release announcement. Read the XBRL US letter: XBRL US Comment on Draft […more]
Effective data standards programs focus on results.
Are you short-cutting efforts that sabotage the quality of the image you’re trying to share with your audience?
The Securities and Exchange Commission published the final rule for Filing Fee Disclosure and Payment Methods Modernization, a significant rule that will require Inline XBRL for, “…most fee-bearing forms, schedules and statements to provide that each filing’s calculation of filing fee tables, together with related explanatory notes to the filing fee tables, include all required […more]
The Securities and Exchange Commission today reopened the comment period for their rule proposal on Listing Standards for Recovery of Erroneously Awarded Compensation, which if finalized as proposed, would require issuers to establish and implement a policy for recovery of incentive-based compensation based on financial information required to be reported. The rule would require the […more]
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The Securities and Exchange Commission (SEC) announced their plans for EDGAR Next – Improving Filer Access and Account Management. EDGAR Next involves a rule proposal for technical changes to how filers access the EDGAR System to make submissions and how filers manage individuals who make submissions on their behalf. The rule proposal is out for […more]
The national consortium for
the business reporting standard
