On September 30, XBRL US submitted a comment letter responding to the SEC proposal on Disclosure Update and Simplification. Key recommendations made in the letter include: Ensure that all facts that companies are required to report to investors be provided in a computer-readable format to facilitate greater ease of analysis, Require the use of standardized […more]
On July 21, XBRL US submitted a comment letter in response to the April 13 SEC Concept Release on Business and Financial Disclosures Required by Regulation S-K. XBRL US members played a key role in preparing the recommendations which encourage the Commission to: make greater use of standards, which offer a clear, consistent framework to communicate reported […more]
XBRL US responds to SEC Concept Release on Transfer Agent Regulations on April 14, 2016, proposing that inline XBRL be used for transfer agent financial disclosures and that data standards be used to improve corporate actions processing.
XBRL US and its members oppose Title IV – The Small Company Disclosure Simplification Act – of legislation under consideration today by the House of Representatives which would exempt companies with revenue less than $250,000,000 from submitting XBRL data to the US SEC.
XBRL US submitted a letter responding to the SEC’s Request for Comment on the rule proposal Effectiveness of Disclosures about Entities Other than Registrant. Recommendations made focus on reducing disclosure burden on public companies and improving the usefulness of data used by investors, analysts and other users of public company data. Key recommendations are: Eliminate […more]
The national consortium for
the business reporting standard
