USA

Blogs

  • 16 May 2017
  • Vineeto Cherian
  • SEC Filings

SEC includes US GAAP 2017 Taxonomy in Approved Taxonomies List

The Security Exchange Commission (SEC), on March 06, 2017 included the 2017 US GAAP taxonomy in the Edgar system. The Financial Accounting Foundation (FAF) along with the Financial Accounting Standards Board (FASB) has designed the 2017 US GAAP taxonomy acknowledging the need to minimize inconsistencies between the new elements and those that are part of the previous taxonomies.

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  • 13 Mar 2017
  • Vineeto Cherian
  • Inline XBRL

Securities and Exchange Commission (SEC) votes for Inline XBRL on March 02, 2017

The Security and Exchange Commission (SEC) voted on March 02, 2017 to propose amendments to make Inline XBRL (iXBRL) mandatory for listed companies and mutual funds. The proposal is aimed at improving the quality and accessibility of data submitted to the SEC.

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  • 16 Feb 2017
  • Balaji M
  • SEC XBRL

Digital Revolution in Compliance Reporting

Computers revolutionized the world of information decades ago. ‘Interactivity’, however has been a more recent phenomenon. Hitherto, data collection by Regulators has always been in ‘non-interactive’ formats like PDF, Word, etc.

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  • 30 Jan 2017
  • EDGAR

SEC pushes for contact details in the Edgar System

According to the Dec 12th, 2016 announcement by the SEC, their EDGAR system will implement a new two phase authentication for Passphrase reset.

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  • 26 Jan 2017
  • Vineeto Cherian
  • SEC Filings

Outgoing SEC chief urges for common accounting standards globally

Mary Jo White, the outgoing chief of the SEC, who has been pushing to reduce the differences between US GAAP and the IFRS, is urging the new administration to continue efforts to further help companies that have subsidies abroad.

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