Any expected relief regarding the transition to iXBRL and NexGen for accelerated filers due to coronavirus?
BesvaratDue to Coronavirus impact, the SEC has offered relief by announcing possible extensions to the required filing dates. Has any relief regarding accelerated filers transition to iXBRL requirements also been discussed or announced?
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Hi Tracey! Thanks for posting. These are hectic and concerning times to say the least.
While we don't have all the answers yet and adjustments at the SEC are not within our control, we have a fantastic resource to help with this "new normal": https://www.workiva.com/new-normal.
The SEC also has this general page to follow; https://www.sec.gov/sec-coronavirus-covid-19-response.
The SEC Pro Group is also discussing this issue in their Friday calls if you would like to join those: https://secprofessionals.org/events/.
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