Tag: XBRL
XBRL Applauds the New Data Standards in the FDTA
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. […]
| 01/25/2023
SEC Passes Inline XBRL
In a 4-1 vote on June 28, 2018, the Securities and Exchange Commission (SEC) voted to adopt several amendments to the existing XBRL reporting requirements. Instead of the existing requirements which mandate that companies submit XBRL exhibits along with their HTML filings for quarterly and annual financial statements, companies can now submit Inline XBRL filings. […]
| 07/20/2018