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The proposed 2017 U.S. Financial Reporting Taxonomy contains updates for accounting standards and other improvements since the 2016 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission (SEC). Interested parties are encouraged to review and provide feedback on the Proposed 2017 Taxonomy. The 60-day comment period ends October 31, 2016, and […more]
Investors, data providers, regulators and the media to cover how to use structured financial data XBRL US announced today that it will hold a half-day forum for investors, analysts, regulators, data and analytical tool providers, Finding Value with Smart Data. The forum, which is free to the public, is hosted by Baruch College’s Zicklin School […more]
During one recent expedition into the Calcbench databases we took a look at patterns of deferred revenue, and how steady those numbers have been as a portion of corporate revenue overall. Check out this month’s newsletter to see how much corporate cash streams depend on deferred revenue (and which may feel some stress in future […more]
XBRL US joins a SunSpec Alliance project team establishing data standards as part of the Department of Energy’s Orange Button program to make it easier to aggregate and share solar data, facilitating more efficient and cost-effective financing of distributed energy projects.
On July 13, 2016, the SEC posted a rule proposal as part of their disclosure review on “Disclosure Update and Simplification” which proposes amendments to disclosure requirements that may have become redundant, duplicative, overlapping, outdated, or superseded. The SEC is also soliciting comment on disclosure requirements that overlap with, but require information incremental to U.S. GAAP […more]
Workiva, creator of the Wdesk cloud-based productivity platform for enterprises, announced today that one of its customers used Wdesk to submit the first Inline XBRL filing to the U.S. Securities and Exchange Commission (SEC) on Friday, July 1, 2016.
In response to the SEC’s Concept Release on disclosures in Reg S-K, the SEC Investor Advisory Committee submitted a comment letter where data standards are very positively referenced. Highlights from the letter: Leveraging Technology. The Commission is in the process of developing a second generation for the Electronic Data Gathering, Analysis and Retrieval system (EDGAR). […more]
Investors, analysts, data providers, public companies, XBRL software and service providers and other stakeholders invited to comment XBRL US announced the start of its second public exposure period for guidance and rules developed by the Data Quality Committee (DQC), which is funded through the Center for Data Quality. The Committee is responsible for developing guidance […more]
XBRL US announced its support for the SEC order permitting inline XBRL submissions for public companies and scheduled two free webinars featuring SEC staff to help issuers and vendors prepare for inline XBRL.
The latest: SEC Announces Voluntary Inline XBRL Filings Third Annual DATA Act Summit: A Critical Tipping Point Reached, but Big Challenges Remain to be Solved in 2017 Watch the Morning Sessions from DATA Act Summit Read Former OMB Director Shelley Metzenbaum’s Keynote Speech from DATA Act Summit
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