Deemed as a riveting presentation from a CFO and SEC registrant attendee, PKF Texas hosted its last Zoom webinar of the year with the SEC niche team, “What’s Next for 2021: Accounting and SEC Reporting Updates,” on December 3, 2020. Audit Director, Chip Schweiger, CPA, CGMA, moderated a panel consisting of speakers:

  • Valerie Frey, CPA,

The Securities and Exchange Commission (SEC) announced on June 29, 2020 that the EDGAR system was upgraded to Release 20.2 and no longer supports the following taxonomies:

  • 2018 US GAAP Financial Reporting Taxonomy,
  • 2018 SEC Reporting Taxonomy,
  • 2012 and 2013 Investment Schedule (INVEST),
  • 2016 Countries (COUNTRY), 2017 Currencies (Currency), and
  • 2018 Exchanges (EXCH).

random numbers scrolling across the screen; image used for blog post about SEC announcing EDGAR system upgrade


Continue Reading EDGAR System Upgrade No Longer Supports 2018 GAAP Taxonomy