Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: IFRS

SEC Issues Inline XBRL Proposed Rule and Publishes International Financial Reporting Standards (IFRS) Taxonomy

Posted in SEC/Corporate
On March 1, the Securities and Exchange Commission announced a proposed rule that would require the use of Inline XBRL (embedding XBRL data directly into filings, rather than as attachments) and would eliminate the requirement that filers provide XBRL data on their websites. The public comment period on the proposed rule is open until April… Continue Reading

SEC Proposes Amendments To Update and Simplify Disclosure Requirements: A Closer Look

Posted in SEC/Corporate
On July 13, the Securities Exchange Commission proposed and requested comment regarding rule amendments to update and simplify certain disclosure requirements that may have become “redundant, duplicative, overlapping, outdated or superseded” in light of: 1) US Generally Accepted Accounting Principles (GAAP); 2) International Financial Reporting Standards (IFRS); 3) other SEC disclosure requirements; or 4) changes… Continue Reading

SEC Commissioner Piwowar Speaks at Current Financial Reporting Issues Conference

Posted in SEC/Corporate
On November 16, Securities and Exchange Commissioner Michael Piwowar addressed the 34th Annual Current Financial Reporting Issues Conference in New York to share his views on the current and future state of financial reporting. Commissioner Piwowar focused his remarks on three areas: (1) the future role of international financial reporting standards (IFRS) for financial statements… Continue Reading