The XBRL US Data Quality Committee (DQC) has published it's 20th Rule Set with five proposed rules for corporate issuers, and two rules that are specific to business development companies (BDC). This year, BDCs began preparing their financials in XBRL format, to comply with new rules established by the Securities and Exchange Commission (SEC). BDCs use the US GAAP Financial Reporting Taxonomy to prepare their financials and many existing DQC rules for US GAAP filers also now apply to BDCs. As data from BDC issuers begins to be reported, the DQC analyzes how they report and develops rules to help them report more consistently, and accurately.
BDCs and corporate issuers should attend this free, 60-minute webinar to learn about rules in proposal stage that can be used to improve the quality of reported data.
Shelly Wavrin, Senior Financial Consultant at Toppan Merrill, Chair of the XBRL US Data Quality Committee
Campbell Pryde, President and CEO, XBRL US
This event is free to attend, with an option to participate and earn 1 CPE for $49 ($39 XBRL US Members) – look for details in the registration confirmation.