By Campbell Pryde, President and CEO, XBRL US
The Financial Accounting Standards Board (FASB) released the proposed 2025 version of the Meta Model Relationships Taxonomy (Meta Model Taxonomy) for public review with comments due by November 29, 2024. The Meta Model Taxonomy is an important milestone in XBRL as it promises to revolutionize the way accounting standards can be used.
By Campbell Pryde, President and CEO, XBRL US The cost of government regulation is increasingly seen as a burden by many in Congress and the courts who look to limit the scope of regulatory agencies. At the same time, data collected by regulatory agencies is becoming more important for the functioning of a modern economy. […more]
This year’s GovFin 2024 took a deep dive into municipal reporting aspects of the FDTA. The program featured speakers with an in-depth understanding and experience in various aspects of the municipal markets and technologies to support reporting. To leverage the expertise of many in our audience, we held breakout sessions with attendees to gather input […more]
By Campbell Pryde, President and CEO, XBRL US The complexities of the municipal bond market make it challenging for users of bond data to quickly find what they need when searching in the Municipal Securities Rulemaking Board (MSRB) Electronic Municipal Markets Access (EMMA) system. A single bond issue can have more than one security, and […more]
By Campbell Pryde, President and CEO, XBRL US. The standardization of regulatory requirements called for in the FDTA is of critical importance to us all. Why? As regulators consider implementation of the FDTA, and as stakeholders respond to the cross-agency rule proposal that we expect to see any day now, it is important to keep in mind what constitutes success: Better Data, Reduced Cost, Flexibility.
The national consortium for
the business reporting standard
