SEC

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FASBSECUS GAAP

FASB seeks input on new guide for Boolean, Fixed List, and Extensible Enumeration elements

The Financial Accounting Standards Board (FASB) has published a proposed Taxonomy Implementation Guide focused on Boolean, Fixed List, and Extensible Enumeration elements in the 2024 GAAP Financial Reporting Taxonomy. This new guide is designed to help clarify when and how to use these specific element types, providing clear examples and use cases for each.

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Comment letterFDTASECXBRL US

XBRL US pushes for a unified approach to data standards in FDTA rule proposal

By Editor

XBRL US has submitted a comment letter on the Financial Data Transparency Act (FDTA) rule proposal.

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EDGARInline XBRLSEC

SEC integrates XBRL cybersecurity taxonomy in latest EDGAR update

By Editor

Building on the EDGAR Next update from earlier this month, the US Securities and Exchange Commission (SEC) has announced new improvements to its EDGAR system. As of 22 October 2024, the SEC has adopted amendments to the EDGAR Filer Manual, introducing the use of XBRL for reporting cybersecurity disclosures.

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EDGAR NEXTSECUS

SEC opens beta testing for major EDGAR improvements

By Editor

Last week the US Securities and Exchange Commission (SEC) released a series of amendments designed to improve EDGAR, its Electronic Data Gathering, Analysis, and Retrieval system. The changes, collectively called EDGAR Next, aim to improve the experience for filers accessing the platform.

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Credit lossesSECTaggingUS

SEC reminds filers to avoid custom tags for credit losses

By Editor

During a recent review, the US Securities and Exchange Commission (SEC) staff in the Division of Economic and Risk Analysis found some issues with how companies are tagging provisions for credit losses on their income statements.

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FASBSECTaxonomyUS

FASB seeks comments on 2025 SEC reporting taxonomy improvements

By Editor

The Financial Accounting Standards Board (FASB) has published proposed improvements to the 2025 SEC Reporting Taxonomy (SRT), inviting public comment. The proposed changes focus on refining and updating elements in response to evolving industry needs, particularly in the oil and gas sector.

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ConsultationCybersecuritySECTaxonomyUS

Comments on SEC draft cybersecurity disclosure taxonomy

By Editor

Earlier this summer XBRL US submitted comments to The Securities and Exchange Commission (SEC) on the recently released draft Cybersecurity Disclosure (CYD) taxonomy.

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FDTALEISECUS

Draft rule for the FDTA proposed

By Editor

After several years of discussion and planning, the Financial Data Transparency Act (FDTA) is poised to become a reality with the release of a draft rule proposal.

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DataQualityRestatementsSEC

Fewer financial restatements signal rising data quality

By Editor

The Center for Audit Quality (CAQ) recently unveiled a promising trend in financial reporting: the number of financial restatements filed with the SEC has decreased by more than 50% over the last decade. The comprehensive study, covering 2013 to 2022, highlights a significant improvement in financial reporting quality.

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ESGSECUS

Navigating the complexities of climate disclosure compliance in the US

By Editor

The evolving landscape of climate-related regulations poses significant challenges and costs for companies. This was the focus of a recent discussion led by Marc Siegel, PwC Partner, during a virtual panel hosted by CFO Dive.

Items tagged with "SEC"

FASB seeks input on new guide for Boolean, Fixed List, and Extensible Enumeration elements

XBRL US pushes for a unified approach to data standards in FDTA rule proposal

SEC integrates XBRL cybersecurity taxonomy in latest EDGAR update

SEC opens beta testing for major EDGAR improvements

SEC reminds filers to avoid custom tags for credit losses

FASB seeks comments on 2025 SEC reporting taxonomy improvements

Comments on SEC draft cybersecurity disclosure taxonomy

Draft rule for the FDTA proposed

Fewer financial restatements signal rising data quality

Navigating the complexities of climate disclosure compliance in the US

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SEC

Items tagged with "SEC"

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