Tuesday, February 04. 2025

SEC Announces Interim Release 25.0.1 for EDGAR System

On February 3rd, the EDGAR system was upgraded with interim release 25.0.1, and it now supports the 2024q3 version of the Fund (FND) taxonomy. The 2024q3 version of the FND taxonomy will now include the requisite update for compatibility with the 2024q3 version of the Open-End Fund (OEF) taxonomy enabling filers to use both taxonomies in one filing, and provide the elements for tagging disclosures related to the SEC’s rulemaking regarding enhanced prospectus disclosure requirements for terminology used in fund names. Continue reading "SEC Announces Interim Release 25.0.1 for EDGAR..." »
Posted by
LeAnn Dey
in Development, EDGAR News, SEC, SEC Filing Help, XBRL at 17:49

FASB Publishes Proposed Taxonomy Implementation Guides on Accounting Changes and Segments, Solicits Feedback

On January 27th, the Financial Accounting Standards Board (FASB) issued two proposed Taxonomy Implementation Guides based on the 2025 GAAP Financial Reporting Taxonomy, which was made available in December 2024 pending SEC approval. These guides focus on the accounting changes and segment reporting following the adoption of Accounting Standards Update 2023-07 (ASU). Continue reading "FASB Publishes Proposed Taxonomy Implementation..." »
Posted by
LeAnn Dey
in Accounting, FASB News, SEC, US GAAP Taxonomy at 11:26
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