Starting as early as next month, accelerated filers will need to comply with new hyperlinking rules adopted by the SEC earlier this year. These form amendments now require companies who file registration statements or reports subject to the exhibit requirements under Item 601 of Regulation S-K or who file Forms F-10 or F-20 to include a hyperlink to each exhibit listed in the filing’s exhibit index. This is intended to make it simpler for investors and other interested parties to locate the exhibits included or referenced in a filing.Continue reading "Cross-referencing and Linking Exhibits Using..." »
Wednesday, August 30. 2017
Friday, August 25. 2017
When you start adding multiple Legato scripts to the same menu in GoFiler, the menu can become quite crowded. Repeating the same logo, the default “LS” for a Legato script, doesn’t help at all. To combat this problem, GoFiler 4.19a introduced a new way of defining custom logos for Legato scripts. Using this feature can make individual scripts stand out and help the user identify them more easily. Custom icons can also add a professional veneer and polish to your script, which is always nice to do particularly if the script is being deployed to multiple users on a permanent basis.
Continue reading "LDC #49: Making Scripts Stand Out With Image Icons" »
Wednesday, August 23. 2017
The SEC recently released draft technical specifications for two new forms: Form N-CEN and Form N-PORT. With the upcoming release of EDGAR 17.3 (scheduled to be released September 11), these new forms will be implemented for testing.Continue reading "EDGAR 17.3 To Implement N-CEN and N-PORT For..." »
Monday, August 21. 2017
The SEC has issued two releases regarding revenue recognition with an additional Staff Accounting Bulletin released by the SEC staff to update interpretive guidance regarding revenue recognition.Continue reading "SEC Issues Updates to Interpretive Guidance on..." »
Friday, August 18. 2017
This week we’re revisiting the Align Outline Text script from LDC #41, to show how an existing script can be expanded upon to add new functionality. The original version of this script made a set of assumptions, which means it works really well for our sample test file, but there are many other cases where these assumptions are false, and the script doesn’t do anything to fix our problem. The original purpose was to examine paragraphs, try to identify the lead-in text (the “(a)”, or “1.”, or “Section 1.”, etc), and wrap it with a <FONT> tag with properties to cause it to render with a fixed width instead of relying on non-breaking spaces to make it appear spaced. Instead of looking for a very specific type of spacer, like the last script did, we can use the Word Parser in Legato to step through the lead-in word by word, examining each one, to determine how many characters appear before the first set of non-breaking spaces. This is a lot more flexible, and lets our script react better to unforseen types styles of paragraphs.
Continue reading "LDC #48: Improved Align Outline Text Function" »
Thursday, August 17. 2017
XBRL US will be offering a second IFRS Taxonomy Deep Dive Webinar on August 23rd at 3:00 PM EST. This webinar will cover the IFRS Taxonomy and SEC rules requiring foreign private issuers to file their financials in XBRL format.Continue reading "XBRL US Offers Second IFRS Taxonomy Deep Dive..." »
Friday, August 11. 2017
Everyone knows how to put things in alphabetical order; it’s one of the first things we learn in grade school. Well, just because it’s easy doesn’t mean we want to do it ourselves sometimes! 13-F’s Information Table, for example, would be pretty time-consuming to have to alphabetize manually. Using the SortTable function, we can sort any table quickly and easily. While there’s no SEC requirement to do so, it makes it a lot easier for readers to view if the information table is alphabetized by Issuer Name. Legato provides powerful tools to make this mundane task simple and automatic.
Continue reading "LDC #47: Using Legato To Alphabetize a List" »
Wednesday, August 09. 2017
The International Accounting Standards Board (IASB) has published their Proposed Update 1 to the IFRS taxonomy. These updates pertain to IFRS 17 Insurance Contracts. A public comment period has begun and will end on September 18th, 2017.Continue reading "Comment Period Opened for Proposed Update to..." »
Friday, August 04. 2017
For the most part, scripts are used to make things easier for the user. Why search and replace in HTML code to fix a common problem when you can write a script that does it for you? This reduces the chances of human error as the script runs in a predictable fashion. These quick operations usually just take input and produce some output, but what do you do when you want a script to guide a user through a process? Do you let the user stop in the middle of the process? If so, does your script remember the user’s position so they can pick up where they left off? This week we are going to discuss state persistence.Continue reading "LDC #46: Persistence... Do you have what it takes?" »