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Thursday, June 11, 2026

FASB GAAP Taxonomy Improvements for Proposed Market-Return Cash Balance Plan Update

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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OCC Rule Proposal on Weekly and Quarterly GENIUS Act Reporting

The Office of the Comptroller of the Currency (OCC) made an announcement on the GENIUS Act: Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers Subject to the Jurisdiction of the Office of the Comptroller of the Currency, which included a request for comment on various aspects of the proposal. The proposal is a new […more]

News
Tuesday, June 9, 2026

Final Joint Rule Published for Financial Data Transparency Act (FDTA)

FDTA agencies have published the final rule for 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 […more]

News
Wednesday, June 3, 2026

SEC Proposes to Rescind Climate-Related Rule Proposal

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]

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SEC OIG Semiannual Report to Congress Describes EDGAR Business Office Evaluation Plan

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]

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Tuesday, June 2, 2026

SEC Draft Strategic Plan 2026-2030 Published for Comment

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]

Member News
Monday, June 1, 2026

2026 Future of Finance Summit presented by AICPA

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]

Member News
Saturday, May 30, 2026

Cash Cycle for Clothing Shops

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.

Member News
Wednesday, May 27, 2026

Measuring the MAG Effect on Q1 Earnings

Find out to what extent overall corporate financial performance for Q1 is the result of performance of the Magnificent Seven. Read more.

In the News
Monday, May 25, 2026

CRAFT and XBRL US Convene Industry Leaders for “AI and Structured Data Forum: Optimizing Performance” at Stevens Institute of Technology

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]



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