The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) announced a further extension to the compliance date for the amendments to Form PF that were adopted on February 8, 2024, from October 1, 2026, to July 1, 2027. Form PF is the confidential reporting form for certain SEC-registered investment advisers to […more]
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on the Joint Request for Comment on Swap and Security-Based Swap Data Reporting. The XBRL US letter noted that we support the goal of the Commissions to rationalize and simplify reporting to maximize accuracy, completeness, […more]
The Securities and Exchange Commission (SEC) published the proposed rule Regulation Crypto Assets which calls for the creation of a tailored offering regime for certain investment contracts involving crypto assets. The rule calls for a new SEC Form 1-CRYPTO which is proposed to be an XML based fillable form that includes information about the issuer […more]
The Financial Accounting Standards Board (FASB) published a proposed Accounting Standards Update (ASU) intended to clarify how the current definition of cash equivalents applies to certain digital assets, such as stablecoins, and to increase transparency about the significant components of cash equivalents. Stakeholders are encouraged to review and provide comments on the proposed ASU by […more]
Calcbench explains how companies are using US GAAP and company extension concepts to disclose IEEPA refunds. Read more.
Calcbench explains how the four largest cloud providers now report nearly $2.4 trillion of remaining performance obligations (RPO): revenue under signed contracts that has not yet been recognized. The totals are easy to add up. They are much harder to compare, because each company describes the timing of that backlog in a different way. Read […more]
XBRL US responded to the Office of the Comptroller of the Currency (OCC) rule proposal GENIUS Act: Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers Subject to the Jurisdiction of the Office of the Comptroller of the Currency. The proposal is a new information collection related to the weekly and quarterly reporting forms that must […more]
The California Air Resources Board (CARB) will hold a series of virtual listening sessions to gather sector-specific stakeholder feedback on the California Corporate Greenhouse Gas (GHG) Reporting Program authorized by Senate Bill (SB) 253. CARB will present an overview of the proposed regulation and interested parties will have an opportunity to provide verbal comments (2-minute time […more]
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) on its proposed rule, Rescission of Climate-Related Disclosure Rules, File Number S7-2026-19. Our response urged the Commission to reconsider rescinding the climate disclosure rule as investors have indicated that corporate climate-related data is important to effective management of investments. Read: XBRL US […more]
This post addresses how to find out what companies are disclosing as specific refund amounts they’re seeking or have already received per the Supreme Court’s block of the use of the International Emergency Economic Powers Act (IEEPA). Read more.
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