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News
Monday, April 9, 2018

XBRL Required for Florida State, County, Municipal & Special District Financials by 2022

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.

Monday, March 26, 2018

IFRS Validation Rules Published in 6th RuleSet from XBRL US Data Quality Committee

For the first time, the Data Quality Committee has published IFRS validation rules, along with US GAAP rules in its 6th ruleset. Foreign private issuers are encouraged to participate in the public review of these new rules.

News
Wednesday, March 14, 2018

SEC Publishes Investment Company Liquidity Disclosures Proposal

On March 14, 2018 the Securities and Exchange Commission published a proposal: Investment Company Liquidity Disclosures which builds off the final rule adopted in October 2016 for new forms N-PORT and NCEN. In that final rule, they opted for XML formatting instead of XBRL. XBRL US had submitted a comment letter at the time, advocating the […more]

SEC Updates Interactive Data Test Suite

On March 14, the Commission updated its interactive data test suite to include tests that use the 2018 US GAAP, 2018 SEC Reporting, 2018 Document and Entity Information (DEI), 2018 Exchanges (EXCH), 2018 State and Province (STPR) and 2018 Risk-Return (RR) taxonomies. The purpose of the public test suite is to assist filers using software to […more]

Monday, March 12, 2018

SEC EDGAR Now Supports 2018 US GAAP, SRT, Risk-Return, and Other Supporting Taxonomies

The SEC announced on March 12, 2018 that the EDGAR system was upgraded to Release 18.1 and now supports the 2018 US GAAP, 2018 SEC Reporting (SRT), 2018 Document and Entity Information (DEI), 2018 Exchanges (EXCH), 2018 State and Province (STPR) and 2018 Risk-Return (RR) taxonomies.

Thursday, March 8, 2018

The Calcbench Insider: March 2018

In this issue:

  • Calcbench and Tax Reform
  • Amazon Segment Disclosures and HQ2
  • Dunkin Donuts and the Ice Cream Adjustment
  • An Early Peek at Share Repurchase Programs
Monday, February 12, 2018

Orange Button Solar Finance Standards, Final Public Review Launched

Investors, solar developers, software providers encouraged to participate SAN FRANCISCO–(BUSINESS WIRE)–SunSpec Alliance and XBRL US announced today the start of a second 30-day public review period for the Orange Buttonsm data standards for solar financing. The digital dictionary of terms, called a taxonomy, was developed through Orange Button which is a U.S. Department of Energy Solar Energy Technologies […more]

Tuesday, February 6, 2018

The Calcbench Insider: February 2018

In this issue:

  • New earnings release tools
  • Cash: Yep, companies had lots of it.
  • Early look at leasing costs.
News
Wednesday, December 20, 2017

XBRL US Comments on SEC FAST Act Modernization Proposal

On December 20, 2017, XBRL US submitted a comment letter in response to the Securities and Exchange Commission proposal FAST Act Modernization and Simplification of Regulation S-K.  Key recommendations made in the letter include: Require the use of the LEI for those registrants that currently maintain an LEI. Require the LEI to be tagged using Inline […more]

Thursday, December 7, 2017

Calcbench Newsletter (December 2017)

In this issue:
In this issue:

  • Talking about bitcoin
  • Corporate financial highlights
  • Breakups can be painful

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