Category: iXBRL

Managing regulatory filings for a public company is a task requiring meticulous attention to detail, understanding of regulatory requirements, and timely execution. It involves keeping track of numerous deadlines, forms, and changes in SEC regulations. This is where an SEC filing agent comes in. SEC filing agents are professionals who specialize in assisting public companies […]

The world of financial data reporting and analysis is undergoing a revolutionary change, thanks to the arrival of Inline XBRL, or iXBRL. This standardized language for electronic communication of business and financial data is reshaping how companies, governments, and other organizations record, store, and transmit their financial information. Companies listed on stock exchanges throughout the […]

In December of 2022, President Biden signed H.R. 7776 into law. Titled the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023, the act includes TITLE LVIII, the Financial Data Transparency Act, usually shortened to FDTA. The FDTA requires member agencies of the U.S. Financial Stability Oversight Council to follow strict data standards. […]

It is important for all companies to make sure they are in compliance with SEC rules and regulations, and this includes iXBRL filings. Companies that are not in compliance with iXBRL filings run the risk of facing fines and sanctions from the SEC. What exactly are iXBRL filings, and when are they required? Take a […]

On March 20, 2019, the Securities and Exchange Commission (SEC) published final rule amendments to the FAST Act, increasing the requirements and scope of the SEC’s new version of Inline XBRL (iXBRL) starting in July of 2019. Although there are many benefits in the amendments including measures for reduced disclosure, the additional iXBRL requirements will […]

After much speculation, the Securities and Exchange Commission (SEC) has released the long-awaited proposal requiring public companies based in the United States to utilize Inline XBRL (iXBRL) when submitting their financial statements and other public documents. So what do you need to know about this proposal? 1. How iXBRL works:  Inline XBRL is an updated […]