Wednesday, January 31. 2024

FASB Releases Proposed Taxonomy Implementation Guides for 2024 US GAAP Financial Reporting Taxonomy

On January 26th, the Financial Accounting Standards Board (FASB) released two proposed Taxonomy Implementation Guides based on the 2024 US GAAP Financial Reporting Taxonomy, which is currently under consideration by the SEC. These guides focus on the XBRL modeling for the reporting of leases and reporting by investment companies. Continue reading "FASB Releases Proposed Taxonomy Implementation..." »
Posted by
LeAnn Dey
in FASB News, SEC Filing Help, US GAAP Taxonomy, XBRL at 10:40

SEC Announces 2024 Filing Fee Disclosure (FFD) Taxonomy

On January 29th, the EDGAR system has been updated with interim release 24.0.1 and now supports the Filing Fee Disclosure (FFD) taxonomy. This taxonomy provides the elements for tagging data related to the SEC’s new rule on filing fee disclosures using Inline XBRL. Continue reading "SEC Announces 2024 Filing Fee Disclosure (FFD)..." »
Posted by
LeAnn Dey
in EDGAR News, SEC, SEC Filing Help, XBRL at 10:14

Friday, January 26. 2024

SEC Approves Rules to Improve Investor Protections Regarding SPACs, Shell Companies, and Projections

On January 24th, the SEC adopted rules designed to strengthen investor protections in initial public offerings by special purpose acquisition companies (SPACs) and in subsequent business combination transactions among SPACs and private operating companies (de-SPAC transactions). These new rules include structured data reporting requirements. Continue reading "SEC Approves Rules to Improve Investor..." »
Posted by
LeAnn Dey
in Filing Technology, Investor Education, SEC, SEC Filing Help at 13:03
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