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SEC Reporting || Industries || Government || Using Data
Will County, Illinois, First Local Government to Publish Financials in XBRL Format XBRL US announced today that it is conducting a 60-day public review and comment period for the second release of the Demonstration Comprehensive Annual Financial Report (CAFR) Taxonomy. The taxonomy, developed by the XBRL US State and Local Government Disclosure Modernization Working Group, […more]
The Securities and Exchange Commission has published a draft EDGAR Filer Manual (Volume II) (Version 52). The EFM draft has been published to solicit input and aid filers in preparing for potential EDGAR System changes, scheduled for September 30, 2019. If approved, the final version of the EFM will be made available on or about […more]
The Securities and Exchange Commission published Compliance and Disclosure Interpretations on Inline XBRL and cover page tagging. Read the Q&A.
The Financial Accounting Standards Board (FASB) has published the following Proposed Accounting Standards Updates for public comment: 1) Investments—Equity Securities (Topic 321), Investments—Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815): Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 and the related release notes. The proposed taxonomy improvements include adding an […more]
On August 8, the Securities and Exchange Commission published a rule proposal, Modernization of Regulation S-K, Items 101, 103 and 105. Item 101 covers general development of business and narrative description of business; Item 103 covers legal proceedings; and Item 105 cover risk factors. The objective of the proposal is to modernize the description of […more]
In this issue:
SEC filers, investors, XBRL providers encouraged to comment, and to use approved Ruleset 9 The XBRL US Data Quality Committee (DQC) has published its 10th Ruleset for a 45-day public review and comment period, which closes on September 16, 2019. DQC rules are developed to aid issuers in preparing consistent, error-free financials, by providing automated […more]
The Securities and Exchange Commission’ Fixed Income Market Structure Advisory Committee held a meeting on July 29, 2019 during which municipal issuer disclosures was addressed, among other topics. XBRL US submitted a comment letter to the Committee, recommending the use of data standards to increase transparency and improve efficiencies in the municipal securities markets. Highlights […more]
FASB Chairman Russ Golden to keynote XBRL US Investor Forum.
Topics to be covered include blockchain, artificial intelligence, new reporting domains like municipal securities reporting, and more.
Posted this month: SEC Announces August 13 Meeting of Small Business Capital Formation Advisory Committee SEC Staff to Host Roundtable on Management of Public Companies and Other Regulatory Requirements SEC Announces Upcoming Events for Main Street Investors in Boston SEC Adopts Amendments to Improve the Application of the Auditor Independence Rules
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