XBRL staff at the Financial Accounting Standards Board (FASB) has published for comment Proposed GAAP Taxonomy Improvements for a Proposed Update on Equity Securities Subject to Contractual Sale Restrictions. FASB staff are accepting comments until July 17, 2026, on the proposed update that would require that investment companies consider contractual sale restrictions in measuring the […more]
Find out how tariff refunds led to sharp jumps in gross profit, pretax income, and net income. Read more.
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to its SEC Draft Strategic Plan FY 26-30. The Strategic Plan outlined three goals: 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 […more]
The Securities and Exchange Commission (SEC) today announced the following Agency Information Collection Activity: Extension of Rule 17Ad-27. This rule requires Central Matching Service Providers (CMSP) to submit to the Commission every 12 months a report that includes quantitative and qualitative data which must be tagged in Inline XBRL. The Commission is asking for feedback […more]
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to its Semiannual Reporting proposed rule. Our comment letter raised concerns about semiannual reporting versus the current quarterly reporting regime, notably questioning whether a reduction in reporting cadence would provide a significant incentive for companies to go public and stay […more]
The California Air Resources Board (CARB) announced that it is updating its regulatory proposal to defer the reporting deadline for entities to report Scope 1 and Scope 2 greenhouse gas (GHG) emissions from August 10, 2026, to November 10, 2026. The three month deferral is designed to give reporting entities additional time following the adoption […more]
The Federal Energy Regulation Commission (FERC) published the proposal, Revisions to Financial Forms Reporting and Filing Requirements, which calls for amendments to FERC Annual Report Form Nos. 1, 1-F, 2, 2-A, 6, and 60 and FERC Quarterly Report Form Nos. 3-Q and 6-Q. The changes update filing instructions and certain schedule instructions to reflect current […more]
XBRL Staff at the Financial Accounting Standards Board (FASB) published for comment proposed GAAP Taxonomy Improvements related to the accounting for interest rate risk hedging and net investment hedging: Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Interest Rate Risk Hedging and Net Investment Hedging (Release Notes) The comment period for the proposed […more]
The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) today published a Joint Request for Comment on Swap and Security-Based Swap Data Reporting. The joint request seeks input on: Harmonization across frameworks Transparency and data quality Operational complexity Standardized identifiers and reference data Implementation considerations Comments must be submitted by August […more]
XBRL Staff at the Financial Accounting Standards Board (FASB) published for comment proposed GAAP Taxonomy Improvements for Proposed Update on Market-Return Cash Balance Plans. The update addresses the proposed Accounting Standards Update: Compensation—Retirement Benefits—Defined Benefit Plans—Pension (Subtopic 715-30): Discount Rate Used to Measure the Benefit Obligation for Certain Market-Return Cash Balance Plans (Release Notes) The […more]
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