Public companies began complying with the rule, Interactive Data to Improve Financial Reporting, in 2009. Mutual funds were the first investment management companies with an interactive data rule requiring them to report in structured data format in 2009. Over time other fund types were also required to report in XBRL, including closed-end funds, variable annuities and insurance companies, as well as business develoment companies.
News from the SEC's Office of Structured Disclosure
- Use of Inappropriate Elements to Tag Business Development Companies’ Consolidated Statements of Operations - August 27, 2026
- FASB Issues Proposed Taxonomy Implementation Guide for Financial Services – Investment Companies - July 15, 2026
- FASB Issues Proposed Update for Future Version of U.S. GAAP Financial Reporting Taxonomy Related to Proposed ASU on Equity Securities Subject to Contractual Sale Restrictions - July 8, 2026
- FASB Issues Proposed Update for Future* Version of U.S. GAAP Financial Reporting Taxonomy Related to Proposed ASU on the Accounting for Interest Rate and Net Investment Hedging - June 25, 2026
- FASB Issues Proposed Update for Future Version of U.S. GAAP Financial Reporting Taxonomy Related to Proposed ASU on Market-Return Cash Balance Plans - June 17, 2026
XBRL in the Federal Register (last 30 days)
- No items
Comment
You must be logged in to post a comment.