• Solutions
    • FERC XBRL Reporting
    • FDTA Financial Reporting
    • SEC Compliance
    • Windows Clipboard Management
    • Legato Scripting
  • Products
    • GoFiler Suite
    • XBRLworks
    • SEC Exhibit Explorer
    • SEC Extractor
    • Clipboard Scout
    • Legato
  • Education
    • Training
    • SEC and EDGAR Compliance
    • Legato Developers
  • Blog
  • Support
  • Skip to blog entries
  • Skip to archive page
  • Skip to right sidebar

Friday, July 02. 2021

SEC Issues XBRL Taxonomy Update

Following its upgrade to Release 21.2, the EDGAR system began supporting the 2021 International Financial Reporting Standards (IFRS) Taxonomy. The 2021 IFRS Taxonomy is consistent with that of the International Accounting Standards Board which was made available on the its website on March 24, 2021.


Following the March 22, 2021 upgrade to Release 21.1, the EDGAR system began supporting the 2021 versions of the US GAAP, SRT, COUNTRY, CURRENCY, DEI, EXCH, NAICS, RR, SIC, and STPR taxonomies.


To make the most of current tags associated with new accounting standards and other improvements, the staff is encouraging companies to use the latest version of taxonomy releases for their XBRL exhibits.


The following list of taxonomies will no longer be supported by the EDGAR system:

  • 2019 Document and Entity (DEI)
  • 2019 Exchanges (EXCH) 2011 North American Industry Classification System (NAICS)
  • 2012 Risk-Return (RR)
  • 2011 Standard Industrial Classification (SIC)
  • 2019 U.S. Generally Accepted Accounting Principles (US GAAP)
  • 2019 SEC Reporting (SRT) 2017 Countries (COUNTRY)
  • 2019 Currencies (CURRENCY)
  • 2012 Document and Entity (DEI)

The staff does not expect the withdrawal of the 2019 IFRS taxonomy to occur prior to September 2021. For a full list of supported taxonomies, visit the Standard Taxonomies page on sec.gov.


Sources:

XBRL Taxonomy Update, June 21, 2021 (sec.gov)


Posted by
The Novaworks Team
in EDGAR News, IFRS Taxonomy, SEC Filing Help, US GAAP Taxonomy at 10:16
Trackbacks
Trackback specific URI for this entry

No Trackbacks

Comments
Display comments as (Linear | Threaded)
No comments
The author does not allow comments to this entry

Quicksearch

Categories

  • XML Accounting
  • XML AICPA News
  • XML FASB News
  • XML GASB News
  • XML IASB News
  • XML Development
  • XML Events
  • XML FERC
  • XML eForms News
  • XML FERC Filing Help
  • XML Filing Technology
  • XML Information Technology
  • XML Investor Education
  • XML MSRB
  • XML EMMA News
  • XML FDTA
  • XML MSRB Filing Help
  • XML Novaworks News
  • XML GoFiler Online Updates
  • XML GoFiler Updates
  • XML XBRLworks Updates
  • XML SEC
  • XML Corporation Finance
  • XML DERA
  • XML EDGAR News
  • XML Investment Management
  • XML SEC Filing Help
  • XML XBRL
  • XML Data Quality Committee
  • XML GRIP Taxonomy
  • XML IFRS Taxonomy
  • XML US GAAP Taxonomy

Calendar

Back May '25 Forward
Mo Tu We Th Fr Sa Su
Monday, May 12. 2025
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

Feeds

  • XML
Sign Up Now
Get SEC news articles and blog posts delivered monthly to your inbox!
Based on the s9y Bulletproof template framework

Compliance

  • FERC
  • EDGAR
  • EMMA

Software

  • GoFiler Suite
  • SEC Exhibit Explorer
  • SEC Extractor
  • XBRLworks
  • Legato Scripting

Company

  • About Novaworks
  • News
  • Site Map
  • Support

Follow Us:

  • LinkedIn
  • YouTube
  • RSS
  • Newsletter
  • © 2024 Novaworks, LLC
  • Privacy
  • Terms of Use
  • Trademarks and Patents
  • Contact Us