Media

Friday, September 27, 2024

SEC Publishes Final EDGAR Next Rule, EDGAR Filer Access and Account Management

The Securities and Exchange Commission (SEC) published the final EDGAR Next rule, EDGAR Filer Access and Account Management. The rule explains the new requirements and also notes a beta site that is planned to aid in the transition. The beta software environment will open starting September 30, 2024, for filer testing and feedback reflecting the […more]

Wednesday, September 18, 2024

SEC Publishes Draft 2025 SEC Taxonomies for Feedback

The Securities and Exchange Commission (SEC) announced today the publication of the draft 2025 SEC taxonomies for feedback on the technical design. Comments must be received by November 18, 2024. Refer to the Draft 2025 Release Notes for details of the changes in this draft 2025 update. The draft taxonomy files can be found at https://www.sec.gov/data-research/taxonomies/draft-taxonomy-files-annual-updates.    

Friday, September 6, 2024

FASB RFC on Proposed 2025 Data Quality Committee Rules Taxonomy (DQCRT)

The Financial Accounting Standards Board (FASB) issued the proposed 2025 Data Quality Committee Rules Taxonomy (DQCRT), which focuses on the XBRL US Data Quality Committee’s (DQC) validation rules for regulator use. The proposed 2025 DQCRT would add the following DQC Rules: DQC 0108: Fact Value Consistency Over Time DQC 0109: Concentration Risk DQC 0112: Line […more]

Monday, September 2, 2024

XBRL US Comments on IFRS Taxonomy 2024 – IFRS 18 Presentation and Disclosure in Financial Statements

XBRL US submitted a comment letter in response to the consultation on the Proposed IFRS Taxonomy Update 2024: IFRS 18 Presentation and Disclosure in Financial Statements. The XBRL US letter provided input to the proposed update related to attributes on concepts, non-gaap elements, and expenses by nature. Read the letter: XBRL US Comment RE IFRS […more]

Thursday, August 29, 2024

XBRL US Presents Digital Reporting for Measurable Results: Climate, Corporate, Government, Washington DC

XBRL US is pleased to announce, Digital Reporting for Measurable Results: Climate, Corporate, Government, a one-day conference to be held in Washington, DC, November 14, 2024. The program will address the expanding demand for digital regulatory reporting of climate and financial data by corporations and governments in the United States, and the impact on all […more]

Monday, August 12, 2024

XBRL US Comments on SEC Draft CYD Taxonomy and Guide

XBRL US commented on the Securities and Exchange Commission (SEC) request concerning the draft Cybersecurity Disclosure (CYD) taxonomy which was developed to support the final rule, Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. Taxonomy files are included here. The XBRL US letter pointed out mismatches between the draft Taxonomy and the Guide, and asked for […more]

Wednesday, August 7, 2024

FASB RFC on Proposed Taxonomy Implementation Guide, Income Taxes

The Financial Accounting Standards Board (FASB) has issued a Proposed Taxonomy Implementation Guide, Income Taxes (Topic 740), which is based on the 2024 GAAP Financial Reporting Taxonomy. The proposed Guide demonstrates the modeling for the reporting of income taxes under FASB Accounting Standards Codification® Topic 740. Interested parties may submit comments on the proposed Guide on […more]

Tuesday, August 6, 2024

Carbon Accountable’s CA SB 253: A Regulations Roadmap, Recommends Inline XBRL

Carbon Accountable, a climate data policy initiative focused on corporate transparency in greenhouse gas (GHG) emissions reporting, published the paper CA SB 253: A Regulations Roadmap which aims to demonstrate the feasability of adopting regulations and implementing SB 253 expeditiously. The Climate Corporate Data Accountability Act (SB 253) was signed into law in 2023. It […more]

Thursday, August 1, 2024

FASB RFC on Proposed Taxonomy Improvements

The Financial Accounting Standards Board published proposed GAAP Taxonomy Improvements for public exposure periods and has requested comment as follows: The FASB recently re-exposed for comment Proposed GAAP Taxonomy Improvements for Proposed Accounting Standards Update—Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. The Taxonomy Staff is interested in feedback on […more]

FDTA Agencies Publish Proposed Rule

The rule proposal for the Financial Data Transparency Act (FDTA) has been published on the websites of  the FDIC, the Consumer Financial Protection Bureau (CFPB), the Commodities Future Trading Commission (CFTC), the National Credit Union Administration (NCUA), the Federal Housing Finance Agency (FHFA) , the Securities Exchange Commission (SEC), and the Federal Reserve. Securities and […more]