Multiple agencies have published the final rule, Financial Data Transparency Act Joint Data Standards. The final rule summarizes the joint standards in Table 1 on page 7. Legal entity is defined as the ISO 17442 – Legal Entity Identifier (LEI) and data transmission and schema and taxonomy format are defined as: Formats that, to the […more]
The Securities and Exchange Commission (SEC) proposed to rescind amendments to its rules under the Securities Act of 1933 (“Securities Act”) and Securities Exchange Act of 1934 (“Exchange Act”) that require registrants to provide certain climate- related information in their registration statements and annual reports. Comments regarding the proposal will be accepted through August 3, […more]
The Securities and Exchange Commission’s Office of Inspector General (OIG) published its Semiannual Report to Congress covering October 1, 2025, through March 31, 2026. The report highlights the accomplishments of the OIG during the reporting period and describes OIG’s ongoing audits, evaluations, and reviews. The report notes OIG’s evaluation of the EDGAR Business Review Processes, […more]
The Securities and Exchange Commission (SEC) published a Draft Strategic Plan Fiscal Years 2026 – 2030 and highlighted the three goals of the plan: Renew our regulatory policy focus to support innovation, capital formation, market efficiency, and investor protection Shift our regulatory practices to increase stakeholder engagement, facilitate compliance efforts of market participants, and effectively […more]
The role of the CFO is undergoing a tectonic shift. Finance leaders are being asked to own more of the business—technology, data, risk, talent, and value creation—while simultaneously guiding teams through AI disruption and rising expectations. At the 2026 Future of Finance Summit (Aug 5–7, Gaylord National – DC area), senior finance leaders come together […more]
Understanding the concepts retailers report as liquidity metrics, specifically their cash conversion cycles. The “CCC” lets analysts understand how well a company manages its inventory, collections, and payments; which is an important metric to know if you follow the apparel business. Read more.
Find out to what extent overall corporate financial performance for Q1 is the result of performance of the Magnificent Seven. Read more.
Conference brought together regulators, audit leaders, researchers, and financial technology experts to explore how structured data and AI are reshaping finance HOBOKEN, N.J., May 2026 — The Center for Research toward Advancing Financial Technologies (CRAFT) at Stevens Institute of Technology, in partnership with XBRL US, hosted the AI and Structured Data Forum: Optimizing Performance on […more]
The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) announced name changes for certain offices: The Office of Data Science has been renamed the Office of Advanced Analytics and Artificial Intelligence to more accurately represent its dedication to enhancing analytical and artificial intelligence capabilities across the Commission. Its initiatives augment Commission staff’s ability to […more]
XBRL US responded to the second Notice of Proposed Rulemaking from the Federal Deposit Insurance Corporation (FDIC) soliciting comments on GENIUS Act Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers and Insured Depository Institutions – RIN 3064-AG19. The XBRL US letter expressed our support for preparing digital asset reported information in structured, machine-readable format. […more]
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