On August 1, 2022, the SEC’s structured data reporting rules governing business development companies will become effective. These rules, which were originally adopted in April 2020, require BDCs to ...

On September 7, 2023, the U.S. Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance (Corp Fin) issued guidance on XBRL disclosures in the form of a Sample Letter to Companies ...

Open data advocates may get a long sought after change to data standards in filings to the Securities and Exchange Commission. Open data advocates have long sought a rule change to require the use of ...

WASHINGTON--Financial information about companies is sometimes difficult to uncover, and even more difficult to compare. It's buried in footnotes to earnings reports and sometimes almost seems ...

The article discusses the origins and development of eXensible Business Reporting Language (XBRL), its impact on financial reporting, and the role of companies like Workiva in improving XBRL quality.

Just days before a federal regulatory body will vote on whether to require publicly traded companies to use a specific business data language to report their financial data, IBM is launching a major ...

Microsoft has submitted data to the U.S. Securities and Exchange Commission (SEC) using a newly released taxonomy for a financial reporting language designed to make it easier to compare companies’ ...