Today, the Securities and Exchange Commission announced an open meeting to be held on June 28, 2018, which will cover two rule proposals with an XBRL component: whether to adopt amendments to rules and forms to require the use of the Inline eXtensible Business Reporting Language (XBRL) format for the submission of operating company financial […more]
XBRL US opposes H.R. 5054 & presents findings from new study showing 41% decline in XBRL costs to small public companies in letter to House Financial Services Committee.
The SEC has published a request for comment (RFC) on Fund Retail Investor Experience and Disclosure. The RFC is seeking public comment from individual investors and other interested parties on enhancing disclosures by mutual funds, exchange-traded funds (“ETFs”), and other types of investment funds to improve the investor experience and to help investors make more […more]
The Data Quality Committee has approved and finalized IFRS validation rules, along with US GAAP rules in its 6th ruleset. Foreign private issuers and US GAAP filers should use the rules by the June 29, 2018 effective date.
XBRL US strongly opposes HR 5054, a proposal to exempt small companies from XBRL filing, in a letter delivered to the members of the U.S. House Financial Services Committee Subcommittee on Capital Markets, Securities and Investments.
XBRL US published a comment letter responding to the SEC proposal “Investment Company Liquidity Disclosure”, recommending the use of XBRL for investment company disclosures.
The SEC has published a rule proposal to require registered investment advisors and registered broker-dealers to provide a brief relationship summary to retail investors about relationships and services the firm offers, standard of conduct, and fees and costs associated with those services, specified conflicts of interest, and whether the firm currently has reportable legal or […more]
The US Securities and Exchange Commission’s Scott Baugess recently spoke at the Financial Information Management Conference 2018. Read selected passages from the address or get the link to the full transcript.
Google’s BigQuery hosts SEC XBRL filings to enable SQL queries of the SEC dataset.
Florida Bill 1073 will require local government financial statements for fiscal years ending on or after September 1, 2022, to be filed in XBRL format and to meet the validation requirements of the relevant taxonomy.
The national consortium for
the business reporting standard
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