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Creating regulatory compliance solutions for EDGAR, FERC, and municipal filers.

GoFiler
Meet GoFiler

Streamline financial reporting to the SEC’s EDGAR system with compliance software that fits your organization. GoFiler is the most advanced, flexible, and cost-effective software on the market that can satisfy your compliance needs.

XBRLworks
Compliance for Utilities

Introducing XBRLworks, our cloud solution for transmitting periodic reports to the FERC eForms system. This easy-to-use tool offers simple compliance in a secure, collaborative environment at a fraction of the cost.

About the FDTA
The Financial Data Transparency Act

Changes are coming for governments and governmental entities with the passage of the FDTA. Continuing disclosures, including ACFR reporting, will be moving to a new open data standard. Learn more about what this could mean for you.

 

FASB Publishes Proposed Taxonomy Implementation Guide for Disaggregation of Income Statement Expenses

 

On July 28th, the Financial Accounting Standards Board (FASB) issued the proposed Taxonomy Implementation Guide, Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which is based on the 2025 GAAP Financial Reporting Taxonomy. The proposed guide demonstrates the framework for the reporting of the disaggregation of income statement expenses in accordance with the FASB Accounting Standards Codification Subtopic 220-40. The guide is comprised of examples and solely focuses on detail tagging (Level 4)

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Posted: August 7, 2025 2:25 pm by LeAnn Dey in SEC, XBRL, FASB News, US GAAP Taxonomy

SEC Revises Special Purpose Acquisition Company (SPAC) Taxonomy

July 31, 2025 2:00 pm – SEC amended SPAC taxonomy as part of an upcoming EDGAR Release and will add the Over-allotment Option to the dilution source link roles relating to SPAC dilution disclosure [...]

Registration Still Open for XBRL US’ Virtual GovFin 2025 Conference

July 28, 2025 3:00 pm – XBRL US host conference on how FDTA facilitates digital reporting for municipal bond issuance and other disclosures with data submissions in structured, machine-readable format on July 30th and 31st, 2025. [...]

SEC Releases Analysis of Public Float Tagging Errors

July 28, 2025 11:15 am – On July 21, staff in the SEC’s Division of Economic and Risk Analysis published findings related to an assessment of public float tagging errors. [...]