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Latest News

Friday, July 15, 2016

SEC Publishes Rule Proposal for Comment: Disclosure Update and Simplification

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which proposes amendments to disclosure requirements that may have become redundant, duplicative, overlapping, outdated, or superseded.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]

Tuesday, July 5, 2016

Workiva Customer Submits First Inline XBRL Filing with the SEC

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.

Friday, July 1, 2016

SEC Investor Advisory Committee Published Letter Favorable to Structured Data

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]

Thursday, June 30, 2016

XBRL US Data Quality Committee Announces Public Review of Second Set of Guidance and Rules for SEC Filers

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 Supports SEC Order Permitting Inline XBRL Submissions for Public Companies

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.

Thursday, June 16, 2016

Data Coalition News (June 16, 2016)

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

Workiva supports Inline XBRL

The SEC has released new rules that allow companies to voluntarily file data in the Inline XBRL format. This milestone shows the value that the SEC places on XBRL data, data quality, and reducing the regulatory burden.

Certent Disclosure Management to Support Inline XBRL

Certent Disclosure Management will provide companies the ability to create and submit Inline XBRL documents in time for the September 30, 2016 filing season.  The platform’s integration of Inline XBRL will allow clients to easily incorporate the creation of the new Inline XBRL document into their existing SEC submission process.

SEC to Permit Voluntary Filing Using Inline XBRL

The Securities and Exchange Commission announced it will allow companies to voluntarily file structured financial statement data in the Inline XBRL data format, a technology that is freely licensed and made available by XBRL International. This initiative represents another step in the SEC’s continuing efforts to modernize and enhance its requirements to facilitate transparency of, and […more]

Thursday, June 2, 2016

Calcbench Newsletter (June 2016)

Historical data is always useful to good financial analysis, so Calcbench has decided to serve up a bunch more of it to our customers. When researching a company (through the Company in Detail page), you can now use our Show All History feature to see all line items the company has disclosed—including line items a […more]


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