Wednesday, August 17. 2022
SEC Announces XBRL Taxonomy Update
On August 15th, the SEC updated the EDGAR system to Release 22.2.2 which will now support the 2022Q3 supplemental US GAAP Financial Reporting Taxonomy and 2022Q3 supplemental SEC Reporting Taxonomy (SRT). The 2022Q3 supplements to the US GAAP Financial Reporting Taxonomy and SRT are comparable to supplements that the Financial Accounting Standards Board published on its website on August 2, 2022.
To access a complete listing of supported standard taxonomies, visit the SEC’s website.
The SEC recommends that companies use the current version of taxonomy releases for their XBRL filings so they may benefit from the most up-to-date tags related to new accounting standards and other enhancements.
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