Wednesday, May 26. 2021
FERC to Host Conference to Discuss Climate Change, Extreme Weather, and Electric System Reliability
The FERC staff will host a webinar to discuss matters relative to the potential risk to electric system reliability posed by climate change and extreme weather events. The event will take place on Tuesday, June 1, 2021, and Wednesday, June 2, 2021, from 1:00 p.m. – 5:00 p.m. ET. FERC Commissioners may attend and participate in the technical conference.
Continue reading "FERC to Host Conference to Discuss Climate..." »
Friday, May 21. 2021
FASB Proposes Revisions for Future Taxonomies Related to Proposed ASU on Fair Value Hedging
The Financial Accounting Standards Board (FASB) has recently issued proposed updates to the US GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy related to the proposed Accounting Standards Update (ASU) on Derivatives and Hedging (Topic 815): Fair Value Hedging – Portfolio Method. The proposed revisions to the taxonomies will include: 1) new elements, 2) newly added references to transition elements, 3) modified documentation and standard labels, 4) element deprecations, and 5) reference deletions. {expires: 2021-07-06}
Continue reading "FASB Proposes Revisions for Future Taxonomies..." »
Continue reading "FASB Proposes Revisions for Future Taxonomies..." »
Posted by The Novaworks Team
in EDGAR News, FASB News, SEC Filing Help, US GAAP Taxonomy, XBRL
at
14:50
Thursday, May 13. 2021
Recommended Software Update for iXBRL and XDX Users
A patch has been released to correct some issues with the version 5.8a of the GoFiler products. This release will correct a problem where a dialog box would remain open after validating a project that contained an iXBRL document. It also improves the handling of mixed data types when changing between the US GAAP 2020 and US GAAP 2021 taxonomies.
Continue reading "Recommended Software Update for iXBRL and XDX..." »
Posted by The Novaworks Team
in EDGAR News, GoFiler Updates, Novaworks News, US GAAP Taxonomy, XBRL
at
15:47
Monday, April 26. 2021
XBRL US DQC to Host Webinar to Discuss Newest Data Quality Rules
The XBRL US Data Quality Committee (DQC) will host a webinar to discuss the recently published 15th Ruleset, which is comprised of nine rules specific to US GAAP filers and IFRS filers. The virtual event will take place on Wednesday, May 12, 2021, from 2:00 p.m. to 3:00 p.m. EDT. This event allows the DQC the opportunity to review the impact of the rules on data quality reported through the SEC program and to clarify the new draft rules. Proposed Ruleset 15 covers a range of potential error types and will warn filers of possible problems within thousands of filings. These rules are designed to identify errors which range from incorrect use of certain axes to problems in the consistency of facts reported over time. {expires: 2021-05-13}
Continue reading "XBRL US DQC to Host Webinar to Discuss Newest..." »
Posted by The Novaworks Team
in Data Quality Committee, EDGAR News, Events, IFRS Taxonomy, US GAAP Taxonomy, XBRL
at
09:09
Friday, April 23. 2021
XBRL US DQC Releases Ruleset 15
On April 20, 2021, XBRL US announced that it is requesting public review and comment on the fifteenth release of the Data Quality Committee (DQC) rules. The DQC is responsible for developing guidance and validation rules that can: 1) prevent or detect errors or inconsistencies in XBRL data filed with the SEC; and 2) reduce the negative impact on the timeliness and accuracy of reported financial information. {expires: 2021-06-01}
Continue reading "XBRL US DQC Releases Ruleset 15" »
Continue reading "XBRL US DQC Releases Ruleset 15" »
Posted by The Novaworks Team
in Data Quality Committee, IFRS Taxonomy, SEC, US GAAP Taxonomy, XBRL
at
09:45
Thursday, April 15. 2021
XBRL US to Host Webinar Standards for Regulators – Governance & Taxonomy Maintenance
XBRL US has announced that it will host an online workshop discussing the governance structure established by the Financial Accounting Standard Board (FASB) to ensure that investors, issuers, data intermediaries, and application providers are not only involved in the process of continuing taxonomy development, but also are apprised of changes in reporting requirements that will affect them. The remote event will take place on Wednesday, April 21, 2021, beginning at 3:00 p.m. EDT and will last approximately 60 minutes. {expires: 2021-04-22}
Continue reading "XBRL US to Host Webinar Standards for..." »
Wednesday, March 24. 2021
SEC Announces 2021 XBRL Taxonomies Update
The SEC upgraded the EDGAR system to Release 21.1 on March 22, 2021. The system now supports the 2021 reporting taxonomies, which are the final versions of the draft taxonomies that were posted by SEC staff for public comment on September 1, 2020.
Continue reading "SEC Announces 2021 XBRL Taxonomies Update" »
Continue reading "SEC Announces 2021 XBRL Taxonomies Update" »
Friday, February 26. 2021
FASB Releases Proposed Taxonomy Implementation Guides for Public Review and Comment
On February 24, the SEC announced that the Financial Accounting Standards Board (FASB), the organization that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP), has published two proposed Taxonomy Implementation Guides. These guides are based on the 2021 US GAAP Financial Reporting Taxonomy, which is currently under consideration by the SEC. {expires: 2021-03-13}
Continue reading "FASB Releases Proposed Taxonomy Implementation..." »
Continue reading "FASB Releases Proposed Taxonomy Implementation..." »
Monday, November 09. 2020
FASB Seeks Public Comment on XBRL US Data Quality Committee Rules Taxonomy and Technical Guides
The Financial Accounting Standards Board (FASB) has published the proposed 2021 XBRL US Data Quality Committee Rules Taxonomy (DQCRT) and its corresponding technical guide. The DQCRT integrates XBRL US Data Quality Committee (DQC) validation rules in the US GAAP Financial Reporting Taxonomy for discretionary use by filers. The FASB has also issued its own SEC Reporting Taxonomy technical guide for the proposed 2021 SEC Reporting Taxonomy.
Continue reading "FASB Seeks Public Comment on XBRL US Data..." »
Continue reading "FASB Seeks Public Comment on XBRL US Data..." »
Friday, November 06. 2020
XBRL US DQC Releases Ruleset 14
XBRL US is seeking public review and comment on the fourteenth release of the Data Quality Committee (DQC) rules. The DQC rulesets are intended to help filers avoid mistakes and data inconsistencies which in turn reduces negative effects on the accuracy and timeliness of reported financial information.
Continue reading "XBRL US DQC Releases Ruleset 14" »
Continue reading "XBRL US DQC Releases Ruleset 14" »
Posted by The Novaworks Team
in Data Quality Committee, IFRS Taxonomy, US GAAP Taxonomy, XBRL
at
10:51
Wednesday, October 14. 2020
SEC Releases Statement about Inappropriate XBRL Custom Members for Particular Axes
The SEC has released a statement concerning inappropriate custom member use in XBRL pertaining to certain axes. The US GAAP reporting taxonomy has designated a limited set of permitted members for these axes. The SEC has observed that occasionally filers have inappropriately added custom members where they are not allowed.
Continue reading "SEC Releases Statement about Inappropriate XBRL..." »
Posted by The Novaworks Team
in GoFiler Updates, Novaworks News, SEC, US GAAP Taxonomy, XBRL
at
09:43
Wednesday, September 30. 2020
What Is the FERC XBRL Mandate?
In 2019, the Federal Energy Regulatory Commission (FERC) revised its electronic filing format to incorporate structured data in the eXtensible Business Reporting Language (XBRL) format. As has been the case with other federal regulators, the move to adopt XBRL is being undertaken to modernize the reporting environment and increase efficiency in submitting and consuming data. Broad support across the industry also helped drive the action.
Continue reading "What Is the FERC XBRL Mandate?" »
Continue reading "What Is the FERC XBRL Mandate?" »
Posted by The Novaworks Team
in EDGAR News, FERC, FERC Filing Help, IFRS Taxonomy, Novaworks News, US GAAP Taxonomy, XBRL
at
14:05
Wednesday, September 23. 2020
SEC Announces Final Rule for Update of Statistical Disclosures for Banking Registrants
On September 11th, 2020, the SEC announced that it has adopted the final rule for its update of statistical disclosures for bank and savings and loan registrants. The rule modifies required disclosures and classifies certain disclosures in a new Subpart 1400 of Regulation S-K. It reduces duplicative or overly similar disclosure items in other SEC rules and requirements in US GAAP and IFRS. It also replaces Industry Guide 3, Statistical Disclosure by Bank Holding Companies. These changes are intended to help investors have access to more meaningful, relevant information about these registrants, which will facilitate their investment and voting decisions.
Continue reading "SEC Announces Final Rule for Update of..." »
Wednesday, September 16. 2020
FASB Issues Guidance on Implementation of Extensible Enumerations 2.0
The Financial Accounting Standards Board (FASB) staff has issued guidance on how to implement Extensible Enumerations (EE) 2.0 in XBRL-formatted reporting. The implementation of EE 2.0 will begin with the 2021 US GAAP Financial Reporting and SEC Reporting (SRT) taxonomies.
Continue reading "FASB Issues Guidance on Implementation of..." »
Wednesday, July 22. 2020
US GAAP Trend Analysis 2019
The SEC’s Division of Economic and Risk Analysis (DERA) recently released its analysis of custom tag usage in financial filings submitted to the SEC using the US GAAP financial reporting taxonomy. This analysis focuses on XBRL exhibits submitted by issuers complying with the 2009 Interactive Data rules pertaining to financial statements. The study covered exhibits submitted as part of Forms 10-K and 10-K/A filings from January 2017 to December 2019.
Continue reading "US GAAP Trend Analysis 2019" »
Continue reading "US GAAP Trend Analysis 2019" »
« previous page
(Page 5 of 7, totaling 102 entries)
next page »
Quicksearch
Categories
Calendar
October '24 | ||||||
---|---|---|---|---|---|---|
Mo | Tu | We | Th | Fr | Sa | Su |
Friday, October 18. 2024 | ||||||
1 | 2 | 3 | 4 | 5 | 6 | |
7 | 8 | 9 | 10 | 11 | 12 | 13 |
14 | 15 | 16 | 17 | 18 | 19 | 20 |
21 | 22 | 23 | 24 | 25 | 26 | 27 |
28 | 29 | 30 | 31 |
Sign Up Now
Get SEC news articles and blog posts delivered monthly to your inbox!