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Items tagged with "United States"

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DATA Act spurs DataLab

The US Treasury has launched a new analytics portal based on public spending data it collects through the DATA Act. The platform makes it easy to access the data on government appropriations and the activities, contracts, and grants they fund – across all US Federal agencies, searchable on a single platform. Other countries considering the opportunities […]

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Improving Government Reporting

Florida is in the last stages of finalising legislation that will require the collaborative design and implementation of XBRL based reporting from municipalities. Comprehensive Annual Financial Reports (CAFRs) will go digital.

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A jar of pennies surrounded by pennies.

SEC adopts new taxonomies

It’s clearly a big week for taxonomy updates, with the US SEC also announcing that its EDGAR system has been updated to accept filings that conform to the 2017 US GAAP taxonomy that was published by the FASB in December. A number of other, more minor changes were made at the same time, as well […]

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Securities and Exchange Commission, SEC, Building in Washington DC.  The SEC regulates stocks and bonds and related financial activities.

SEC to consider mandatory iXBRL, other structured data questions.

On Wednesday, 1 March 2017, the US SEC will meet to consider whether it should mandate the use of human readable iXBRL.

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Third Round of DQC Rules Released. 

XBRL US’s DQC Committee Releases New Tranche of Machine Executable Rules.

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Structured data can help lower the cost of complex new infrastructure.

Structured Data for Asset Backed Securities

The Orange Button initiative is developing XBRL based data standards for solar financing. It could be a model for data-driven decision making.

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Securities and Exchange Commission, SEC, Building in Washington DC.  The SEC regulates stocks and bonds and related financial activities.

SEC Candidate Named

The US President-elect has announced his pick to head the US Securities and Exchange Commission.

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Cutting red tape and bureaucracy obstacle business concept as a group of scissors making cuts to symbols of government gridlock and regulatory confusion.

Can SBR Work in the US?

We’ve got some more news from our friends at the Data Coalition in the US this week. Their research arm, the Data Foundation, is publishing a paper in cooperation with PwC on Standard Business Reporting. An excerpt shared this week highlights the potential for SBR to reduce some of the costs to business for regulatory […]

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Data Coalition Calls out “Spotty” Progress on US DATA Act

Reports by Inspectors General of US Government agencies reveal that progress towards deadlines set out by the DATA Act for structured spending data is not on track.

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Corporate Actions in iXBRL

XBRL US has just started to experiment with iXBRL versions of corporate actions. Check out this example that reuses the open source iXBRL inspection tool that the SEC contributed to and use themselves.

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