The XBRL staff of the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) aimed at making targeted improvements to the FASB Accounting Standards Codification. The proposal is part of FASB’s ongoing Codification Improvements project, which focuses on technical corrections, clarifications, unintended applications of existing guidance, and other incremental enhancements to GAAP. Continue reading "XBRL Staff Proposes GAAP Taxonomy Enhancements..." »

On September 14th, the SEC announced that it is adopting amendments to Volume II of the EDGAR system Filer Manual and related rules and forms. EDGAR Release 26.3 is effective in the EDGAR system as of September 14, 2026. Continue reading "SEC Adopts Updated EDGAR Filer Manual" »

On September 14, the SEC released the draft 2027 updates to its technical taxonomy design, providing an early look at the changes developed through the annual review and update process for all SEC taxonomies accepted in the EDGAR system. The draft reflects the SEC’s ongoing efforts to keep the taxonomies aligned with current reporting practices and evolving filer needs. Continue reading "SEC Publishes 2027 Draft Taxonomies for Review..." »

On September 10th, the Financial Accounting Standards Board (FASB) staff released proposed technical and other conforming enhancements for the 2027 SEC Reporting Taxonomy, along with related release notes for public review and comment. The proposed improvements include updates to a document label and references to support clearer element selection. Continue reading "FASB Releases Proposed Improvements to the 2027..." »

In December 2024, the SEC adopted rules that required several filings to be submitted electronically and in Inline XBRL. These requirements applied to specific forms and items, including portions of Form CA‑1, Form 1, Form X‑17A‑5 Part III, Form 17‑H, and the CCO report. In its September 11, 2026 order, the SEC provides exemptive relief from the Inline XBRL requirement for those filings, excluding the audited financial statement exhibits in Form CA‑1 and Form 1. Continue reading "SEC Grants Exemptive Relief from Inline XBRL..." »

On September 2nd, XBRL International released its initial Public Working Draft of Project Tavi, the first public issuance of the next‑generation XBRL specification. Among other things, the draft was created to ensure that the specification progresses in step with real‑world reporting needs. XBRL International has released this draft to gather feedback from the global XBRL community, especially developers, taxonomy architects, and data-standard practitioners. Continue reading "XBRL International Publishes First Public..." »

Effective September 14, 2026, EDGAR Release 26.3 adds new filing interfaces, updates address limits, revises templates, introduces the FND‑2026q3 taxonomy, and retires several 2024 taxonomies. Continue reading "EDGAR Release 26.3" »

On August 27th, the SEC’s Division of Economic and Risk Analysis (DERA) completed an assessment of the tagging in Business Development Companies’ (BDCs’) consolidated statements of operations in Forms 10-K for fiscal year 2025. In conducting this assessment, staff noted several recurring issues in the way certain income and expense line items were tagged, indicating that many filers continue to apply elements that do not align with the structure of BDC financial statements. Continue reading "SEC Issues Guidance on Misuse of Tagging..." »

On August 18th, the SEC proposed Regulation Crypto Assets, an original framework that details how federal securities laws apply to crypto assets, trading platforms, and brokers. The rulemaking is being proposed as crypto markets continue to expand rapidly, often developing ahead of clear regulatory expectations. The SEC seeks to provide market participants with a clearer understanding of how long‑established securities principles apply and how they improve compliance-related confidence through a more structured approach. Continue reading "SEC Proposes New Regulation Crypto Assets,..." »

On August 14th, the EDGAR Business Office issued a preview of the upcoming updates to the EDGAR system capabilities, technical specifications, and the draft EDGAR Filer Manual prior to the approaching EDGAR software release. The release is currently scheduled for September 14, 2026, and filers may review and test the expected EDGAR system changes in the EDGAR Beta Environment beginning August 31, 2026. Continue reading "SEC Provides Preview of September 2026 EDGAR..." »

XBRL US is hosting a one-day conference to discuss how high‑quality, consistent, and timely data helps municipal leaders respond to economic and regulatory change, improve public‑service delivery, and make informed budget decisions. The conference will take place Tuesday, September 22, 2026, and registration for the virtual event is required.
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Continue reading "XBRL US Opens Registration for GovFin 2026: A..." »

On August 6th, the Financial Accounting Standards Board (FASB) issued its 2026 Investor Outreach Report, which is now available through the FASB’s Investor Web Portal. The report details how investor feedback shapes standard‑setting priorities, informs potential improvements to GAAP, and supports the work of the Investor Advisory Committee. The report summarizes the more than 2,475 investor interactions the FASB has conducted since 2021 across a wide range of market participants. Continue reading "FASB Publishes 2026 Investor Outreach Report" »

On July 20th, the Financial Accounting Standards Board (FASB) staff issued a proposed Taxonomy Implementation Guide to provide filers with a simple and consistent way to use Financial Statement Location Dimensions (FSLDs) to help companies correctly tag amounts that appear across multiple financial‑statement captions, reducing confusion and improving consistency in XBRL filings. Continue reading "FASB Releases GAAP Taxonomy Improvements for..." »

On July 9th, the Financial Accounting Standards Board (FASB) staff released its investment companies implementation guide, which is designed to show how the GAAP Taxonomy models financial reporting for entities that would be considered investment companies in accordance with GAAP or SEC rules. Although the publication is not authoritative, it is intended to help preparers be consistent when applying taxonomy elements, reduce tagging errors in XBRL filings, and help filers understand how the taxonomy reflects the unique structure of investment company financial statements. Continue reading "FASB Publishes Investment Companies..." »

XBRL International recently released its first Regulatory Playbook, a publication intended to help regulators build the skills needed to run digital reporting projects, including sustainability reporting. The playbook addresses policy design, stakeholder engagement, and the technical basics of XBRL. By using lessons and observations from global implementations, the resource would help teams rely on proven methods and avoid common errors. Continue reading "XBRL International Announces First Regulatory..." »