New SEC Guide Streamlines XBRL Filing: EDGAR Resource Offers Crucial Insights for Compliance and Optimization

New SEC Guide Streamlines XBRL Filing: EDGAR Resource Offers Crucial Insights for Compliance and Optimization

By Prathamesh 27 March, 2024
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The Securities and Exchange Commission (SEC) has recently released the EDGAR XBRL Guide, a comprehensive resource tailored for XBRL filers. This guide encompasses vital aspects such as Instance Content, Filing Fee Exhibits, Custom Taxonomies, Rendering, and Validation, aiming to equip filers with detailed insights for compliance and optimization.

Given the recent updates to XBRL taxonomies and the EDGAR system, keeping pace with such resources is essential for ensuring efficient and accurate filings. Notably, there’s already interest in leveraging this guide alongside the updated EDGAR manual, with one XBRL expert integrating them into AI systems for rapid comprehension of changes and their implications.

To find out more details please visit : https://www.xbrl.org/