Thursday, November 18. 2021

FASB Seeks Comment on Proposed Improvements for the 2022 US GAAP GRT Reference Project and Proposed Accounting Standards Update on Interim Financial Disclosure Requirements

On November 1st, the Financial Accounting Standards Board (FASB) issued proposed improvements to references for the 2022 US GAAP Financial Reporting Taxonomy (GRT) and proposed improvements for the Accounting Standards Update (ASU) on Interim Financial Disclosure Requirements. These changes are intended to improve the usability of the taxonomy and enhance financial statement disclosures. Continue reading "FASB Seeks Comment on Proposed Improvements for..." »
Posted by
LeAnn Dey
in FASB News, SEC, US GAAP Taxonomy at 16:53

Monday, November 15. 2021

FASB Announces Virtual Semiannual Update on Its Standard-Setting Activities

The Financial Accounting Standards Board (FASB) will host its semiannual webcast, titled “IN FOCUS: FASB Update for Private Companies and Not-for-Profit Organizations”, which will outline its standard-setting efforts. The event takes place on Monday, December 13, 2021, from 1:00 p.m. to 3:05 p.m. ET. The event is free and open to the public but registration is required. {expires: 2021-12-14} Continue reading "FASB Announces Virtual Semiannual Update on Its..." »
Posted by
LeAnn Dey
in Events, FASB News at 17:15

Thursday, November 11. 2021

XBRLworks Scheduled Maintenance

XBRLworks will be unavailable during scheduled maintenance today, November 11th, from 3:00 p.m. to 9:00 p.m. ET. During this time, the application will be updated to version 0.9e. {expires: 2021-11-12}
Continue reading "XBRLworks Scheduled Maintenance" »
Posted by
The Novaworks Team
in XBRLworks Updates at 13:19

Wednesday, November 10. 2021

SEC Closed Thursday, November 11

The SEC will be closed Thursday, November 11, in observance of Veterans Day. The EDGAR System will not receive, process, or accept filings on this day. Filings with a due date of November 11 will be due the following business day. {expires: 2021-11-12} Continue reading "SEC Closed Thursday, November 11" »
Posted by
The Novaworks Team
in Novaworks News, SEC at 13:29

Tuesday, November 09. 2021

SEC Adopts PCAOB Rule 6100 Establishing Framework for Determinations Under the Holding Foreign Companies Accountable Act

On November 5th, the SEC announced that it has adopted the Public Company Accounting Oversight Board’s (PCAOB) Rule 6100, Board Determinations Under the Holding Foreign Companies Accountable Act (HFCAA). The rule introduces the structure for the PCAOB’s findings under the HFCAA and underscores investor protection measures Continue reading "SEC Adopts PCAOB Rule 6100 Establishing..." »
Posted by
LeAnn Dey
in Investor Education, SEC at 18:05

Friday, November 05. 2021

XBRL US to Present Webinar on the Benefits of Structured Data

XBRL US has announced that it will hold a free webinar discussing the advantages of structured data in financial reporting. The webinar is geared toward investors, analysts, regulators, industry professionals, and interested parties. The online seminar will be held on Wednesday, November 10th from 12:30 p.m. to 5:00 p.m. ET and will feature real-world case studies about how corporate financial planners and SEC managers are better able to identify trends in financial reporting. {expires: 2021-11-11} Continue reading "XBRL US to Present Webinar on the Benefits of..." »
Posted by
LeAnn Dey
in Events, Filing Technology, XBRL at 16:51

SEC Announces Proposed Amendments to Electronic Filing Requirements

On November 4th, the SEC announced that it is proposing rule and form amendments to update filing requirements that would affect issuers, registered investment advisors, institutional investment managers, and others that file or submit reports to the SEC on EDGAR. These changes are intended to increase efficiency, transparency, and operational resiliency of the filing process by updating the way data is submitted to the SEC and disclosed. Continue reading "SEC Announces Proposed Amendments to Electronic..." »
Posted by
LeAnn Dey
in Filing Technology, SEC, SEC Filing Help, XBRL at 14:08

Wednesday, November 03. 2021

SEC to Hold Virtual Small Business Capital Formation Advisory Committee Meeting

The SEC has announced that its Small Business Capital Formation Advisory Committee will hold a remote meeting to discuss matters related to the rules and regulations affecting small and emerging companies and their investors under the federal securities laws. The free webcast will take place on Tuesday, November 16, 2021, from 10:00 a.m. to 2:30 p.m. ET. The event is open to the public and will be presented live on sec.gov. {expires: 2021-11-17} Continue reading "SEC to Hold Virtual Small Business Capital..." »
Posted by
LeAnn Dey
in Events, SEC at 14:35

Tuesday, November 02. 2021

FERC, NARUC to Host Inaugural Federal-State Transmission Task Force Meeting

The FERC has announced that the Joint Federal-State Task Force on Electric Transmission will convene its first meeting on November 10th to discuss the topic, Incorporating State Perspectives into Regional Transmission Planning. Established by the FERC and the National Association of Regulatory Utility Commissioners (NARUC) in June 2021, the Task Force is comprised of the FERC Commissioners and ten state regulators representing the five NARUC regions. The partnership is an opportunity for state and federal regulators to work side-by-side on various transmission issues. {expires: 2021-11-11} Continue reading "FERC, NARUC to Host Inaugural Federal-State..." »
Posted by
LeAnn Dey
in Events, FERC at 13:40

Monday, November 01. 2021

SEC to Host Remote Asset Management Advisory Committee Meeting

The SEC is holding a remote meeting of the Asset Management Advisory Committee to discuss matters relevant to the asset management industry. The meeting will include panels and potential recommendations from the Small Advisors and Small Funds Subcommittees as well as the Evolution of Advice Subcommittee. The remote meeting will take place on Wednesday, November 3, 2021, at 10:00 a.m. ET and will be presented live on sec.gov. {expires: 2021-11-04} Continue reading "SEC to Host Remote Asset Management Advisory..." »
Posted by
LeAnn Dey
in Events, SEC at 17:23

SEC Revises EDGAR Cipher Update Notification

Filers who use third-party custom software solutions to connect to EDGAR were notified that, on November 30th, the SEC would update the ciphers it supports in its Transport Layer Security (TLS) cryptographic protocol. The update will now occur on January 17, 2022. Continue reading "SEC Revises EDGAR Cipher Update Notification" »
Posted by
LeAnn Dey
in EDGAR News at 11:45

Friday, October 29. 2021

FERC Releases 2022 Commission Open Meeting Schedule

On October 7th, FERC released the schedule for its open meetings for calendar year 2022. With the exception of August, the meetings generally take place on the third Thursday of each month. The open meetings are freely accessible by the public in accordance with the Government in the Sunshine Act. Continue reading "FERC Releases 2022 Commission Open Meeting..." »
Posted by
LeAnn Dey
in Events, FERC at 08:45

Wednesday, October 27. 2021

GoFiler Release 5.10b Includes Beta Testing for Form 24F-2

The latest release (5.10b) of the GoFiler family of products includes a beta version of the new view for Form 24F-2 for editing Form 24F-2NT as XML. During the beta testing period, filers will be able to create a new submission Form Type 24F-2 and perform basic editing operations. Support for the Save and Open functions has also been added in the release. The Form 24F-2 is expected to be fully operational in time for the December release of GoFiler. Continue reading "GoFiler Release 5.10b Includes Beta Testing for..." »
Posted by
The Novaworks Team
in EDGAR News, GoFiler Updates, SEC Filing Help at 09:45

Monday, October 25. 2021

New Release (5.10b) for the GoFiler Family of Products

Version 5.10b of all applications in the GoFiler Suite has been released. This release contains a number of improvements to XDX editing, including two new features for removing XDX engrams. Additionally, this version also contains beta features for automating the process of logging into the EDGAR System from the Help menu as well as a preview of the functionality for the new Form 24F-2 View for editing Form 24F-2NT as XML. Other changes include improvements to proofing options, reading enhanced acceptance messages, and validation for iXBRL.

Continue reading "New Release (5.10b) for the GoFiler Family of..." »
Posted by
The Novaworks Team
in Filing Technology, GoFiler Updates, Novaworks News at 17:55

FASB Releases Proposed Changes for 2022 US GAAP Financial Reporting Taxonomy for Review and Comment

On October 1st, the Financial Accounting Standards Board (FASB) issued proposed technical and other conforming changes for the 2022 US Generally Accepted Accounting Principles (GAAP) Financial Reporting Taxonomy and the associated release notes for public comment. The Financial Accounting Foundation (FAF) and the FASB are jointly responsible for the ongoing development and maintenance of the GAAP Financial Reporting Taxonomy (GRT). Along with maintenance of the GRT, technical and other conforming improvements are made in addition to those concerning Accounting Standards Updates issued in 2021. These improvements are now open for public review. Continue reading "FASB Releases Proposed Changes for 2022 US GAAP..." »
Posted by
LeAnn Dey
in FASB News, US GAAP Taxonomy at 11:59
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