More and more markets around the world are shifting to Inline XBRL. Interesting news out of the SEC at the end of March – the US regulator will introduce mandated Inline XBRL tagging for the cover sheets of a number of key documents. Already shifting financial statement disclosures for SEC registrant public companies (both foreign […]
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 […]
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.
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 […]
On Wednesday, 1 March 2017, the US SEC will meet to consider whether it should mandate the use of human readable iXBRL.
XBRL US’s DQC Committee Releases New Tranche of Machine Executable Rules.
The Orange Button initiative is developing XBRL based data standards for solar financing. It could be a model for data-driven decision making.
The US President-elect has announced his pick to head the US Securities and Exchange Commission.
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 […]
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.