The Securities and Exchange Commission’s Division of Corporation Finance this month published nine new Compliance and Disclosure Interpretations relating to Inline XBRL rules, particularly concerning common questions around the exhibit index and cover page tagging. The staff further addressed questions relating to early or voluntary filers and foreign private issues.
The Inline XBRL rules—which involves embedding XBRL data into a document so that one document can be read by both humans and machines—will take effect for large accelerated filers in their first fiscal periods ending on or after June 15, 2019. Accelerated filers will follow a year later, with periods ending on or after June 15, 2020. All other filers then follow a year after that, for fiscal periods ending on or after June 15, 2021.
