TheCorporateCounsel.net

February 13, 2024

Tag, You’re It Redux: SEC Updates iXBRL Form Check Tool

Last summer, I blogged about an SEC Report to Congress that included an itemized list by filing type of which data must be tagged using inline XBRL. Orrick’s Bobby Bee recently let us know that this resource has been updated and will continue to be updated on a regular basis for the next several years. Here’s the skinny from Bobby:

The most recent flavor of the SEC’s “Semi-Annual Report to Congress on Machine Readable Data for Corporate Disclosures” (iXBRL summary report & checklist) was released back in December. Turns out the SEC has to “submit this report to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives every 180 days until December 23, 2029, when the provision requiring the report sunsets.” So, we’ll get regular 6-month updates of this iXBRL form check tool from the SEC – which is pretty nice! Seems like these updates can be found via the “Reports and Publications” log.

John Jenkins