Monday, March 22. 2021
IFRS to Proceed with Formation of International Sustainability Reporting Standards Board
Friday, November 06. 2020
XBRL US DQC Releases Ruleset 14
Continue reading "XBRL US DQC Releases Ruleset 14" »
Wednesday, September 30. 2020
What Is the FERC XBRL Mandate?
Continue reading "What Is the FERC XBRL Mandate?" »
Wednesday, September 23. 2020
SEC Announces Final Rule for Update of Statistical Disclosures for Banking Registrants
Thursday, July 30. 2020
IFRS Trend Analysis 2019
Continue reading "IFRS Trend Analysis 2019" »
Monday, November 25. 2019
XBRL US Releases Data Quality Committee Ruleset 11
XBRL US seeks public review and comment on version 11 of the Data Quality Committee (DQC) rules. The DQC rules aim to help filers limit mistakes and avoid data inconsistencies that can adversely affect analysis of reported financial information. The eleventh set of rules includes guidance for issuers using either the US GAAP or IFRS taxonomies.
Continue reading "XBRL US Releases Data Quality Committee Ruleset 11" »Thursday, January 10. 2019
XBRL US Data Quality Releases Eighth Ruleset for Comment
The XBRL US Center for Data Quality has released the eighth set of rules and is seeking comment during a public exposure period ending February 1, 2019. The Data Quality Committee rules aim to help filers limit mistakes and avoid data inconsistencies that can adversely affect analysis of reported financial information. This release includes rules for issuers using either the US-GAAP or IFRS taxonomies.
Continue reading "XBRL US Data Quality Releases Eighth Ruleset..." »Friday, December 14. 2018
XBRL US Introduces Proposed API Standard
Last month, XBRL US introduced a free application program interface (API) standard as a Proposed Release. The API is designed to help programmers create, extract, and analyze XBRL formatted data. It is meant to be a standard that acts as a software intermediary, allowing applications to communicate with one another. Investors and analysts alike can use the XBRL API to gain access to and manipulate XBRL data, both historical data and data that is up-to-date. The API will work with any XBRL database or taxonomy.
Continue reading "XBRL US Introduces Proposed API Standard" »Tuesday, December 11. 2018
Proposed Changes to the 2018 IFRS Taxonomy
On December 6th, the International Financial Reporting Standards (IFRS) Foundation released the IFRS Taxonomy 2018 – Proposed Update 2 General Improvements.
Continue reading "Proposed Changes to the 2018 IFRS Taxonomy" »Monday, December 03. 2018
SEC Trend Analysis for 2018: IFRS Custom Tag Rates
The SEC’s Division of Economic and Risk Analysis (DERA) recently analyzed XBRL exhibits submitted by issuers complying with the 2009 Interactive Data rules to file financial statement information in an XBRL format. The purpose of the analysis was to determine if IFRS (International Financial Reporting Standards) filers were being consistent with their use of custom tags with US-GAAP (US Generally Accepted Accounting Principles) filers during this first year of required XBRL filings.
Continue reading "SEC Trend Analysis for 2018: IFRS Custom Tag Rates" »Friday, October 19. 2018
IFRS Foundation Proposes Update to the IFRS Taxonomy 2018 (IFRS 13 Common Practice)
The IFRS Foundation has published a proposed update to the IFRS Taxonomy 2018, Common Practice (IFRS 13 Fair Value Measurement). This Proposed Update is one of multiple updates released throughout the year to reflect amendments to International Financial Reporting Standards. The updates can represent changes to common practice elements, taxonomy architecture, or annual improvements that may include refinements to taxonomy data models in order to support consistent tagging or improvements that better reflect presentation and disclosure requirements.
Continue reading "IFRS Foundation Proposes Update to the IFRS..." »Monday, October 01. 2018
SEC Releases EDGAR 18.3
On October 1, 2018, EDGAR Release 18.3 was released by the Securities and Exchange Commission. This release contains changes to the N-CEN and N-PORT EDGAR forms as well as improvements to EDGAR XBRL validation in addition to other changes.
Continue reading "SEC Releases EDGAR 18.3" »Monday, August 20. 2018
SEC Adopts Amendments to Simplify and Update Disclosure Requirements
On August 17th, the SEC voted to approve amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated. These changes were proposed in light of other disclosure requirements, modifications to US-GAAP, or developments in the information environment. The SEC is also referring to the Financial Accounting Standards Board (FASB) particular disclosure requirements that overlap with but require information incremental to GAAP. These requirements will be considered for incorporation into US GAAP.
Continue reading "SEC Adopts Amendments to Simplify and Update..." »Monday, June 11. 2018
XBRL US Data Quality Committee Approves Sixth Ruleset for IFRS and US GAAP Filings
On May 31, 2018 the XBRL US Center for Data Quality has released the sixth set of rules to provide guidance and aid for issuers in identifying errors in their XBRL SEC filings. The Data Quality Committee rules aim to help filers limit mistakes and avoid data inconsistencies that can adversely affect analysis of reported financial information. The sixth release of rules includes guidance for issuers using either the US-GAAP or IFRS taxonomies.
Continue reading "XBRL US Data Quality Committee Approves Sixth..." »Thursday, August 17. 2017
XBRL US Offers Second IFRS Taxonomy Deep Dive Webinar
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..." »