The QFCRA, Qatar wanted to upgrade prudential filings to more accurate and automated submissions. The challenge was to maintain data integrity and conduct quick analysis leading to effective, risk-based supervision. Read how QFCRA upgraded its prudential filings using IRIS iFILE.
The current version upgrade of 17.2, the EDGAR systems will support only two recent versions of the GAAP taxonomy – i.e. 2017 US GAAP and 2016 US GAAP taxonomy. Apart from this, the EDGAR systems no longer support some of the supporting taxonomies such as 2013 COUNTRY taxonomy, 2014 CURRENCY taxonomy and the 2015 EXCH taxonomy.
SEC announced on June 13, 2016 that it will allow companies to voluntarily file structured financial statement data in Inline XBRL. What Does this Announcement Mean for Filing Companies? Read our White Paper on Comprehending SEC's Inline XBRL Filing for filers.