Login

Items tagged with "SEC"

News Item

SEC identifies errors in cash flow statement data

Last week the US Securities and Exchange Commission (SEC) announced findings regarding incorrect elements in certain cash flow statement presentations. Following an evaluation by SEC staff, discrepancies were discovered in three presentation abstracts: Net Cash Provided by or Used in Operating Activities, Financing Activities, and Investing Activities.

Read more


News Item

SEC adopts climate-related disclosure rule

This Wednesday the US Securities and Exchange Commission (SEC) voted (3 to 2) in favour of the long-awaited and domestically controversial Climate Related Disclosures for Investors rule. The new rule introduces enhanced, standardised, Inline XBRL reporting for various aspects of climate risk, designed to improve investor access to information.

Read more


News Item

SEC to propose new climate rule amid controversy over scope 3 emissions

The US Securities and Exchange Commission (SEC) is set to unveil its long-awaited new climate-related disclosure rule next Wednesday. The forthcoming rule, which aims to enhance and standardise climate-related disclosures, has generated significant attention and debate, particularly regarding the inclusion of Scope 3 emissions.

Read more


News Item

Unveiling municipal finance’s next chapter

Mark Funkhouser, former Mayor of Kansas City, Missouri, and a prominent figure in municipal finance, recently released a white paper titled “FDTA Playbook: Owning your fiscal future.” Sponsored by XBRL US member, DebtBook, this publication comes at an important juncture for government entities grappling with the implications of the Financial Data Transparency Act (FDTA).

Read more


News Item

SEC Publishes the Regulatory Flexibility Agenda (RFA)

The Securities and Exchange Commission (SEC) recently published the Regulatory Flexibility Agenda (RFA) in the Federal Register.

Read more


EC’s EDGAR system supports iXBRL for filing fee disclosures

The US Securities and Exchange Commission (SEC) has released an update to the EDGAR (Electronic Data Gathering, Analysis, and Retrieval) system which introduces support for the Filing Fee Disclosure (FFD) taxonomy, allowing Inline XBRL tagging for disclosures related to filing fees.

Read more


SEC releases FAQs on tailored shareholder reports

The Securities and Exchange Commission (SEC) has issued a set of FAQs on Tailored Shareholder Reports (TSR), offering insights into key aspects of compliance. This latest update provides guidance in anticipation of the approaching compliance deadline on July 24, 2024.

Read more


News Item

SEC adopts final rule: iXBRL tagging for SPAC disclosures

Aiming to bolster investor protections in Special Purpose Acquisition Companies (SPACs), the Securities and Exchange Commission (SEC) has announced the adoption of the final rule for SPACs, Shell Companies, and Projections. The rule mandates Inline XBRL tagging for information in Subpart 1600 of Regulation S-K.

Read more


News Item

Explore the EDGAR Next Initiative: Navigating SEC Rules and Requirements

 In 2021, the US Securities and Exchange Commission (SEC) proposed one of the most significant changes to the SEC filing process: a series of technical and process enhancements to the EDGAR system, collectively known as EDGAR Next.

Read more


News Item

Structured data could unlock AI’s potential in finance

One item in particular over the holiday break caught our attention. Research by Patronus AI highlighted apparent challenges faced by large language models (LLMs), such as OpenAI’s GPT-4, in analysing financial data contained in US Securities and Exchange Commission (SEC) filings.

Read more



Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.

By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy