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XBRL 11-K

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Hi, 

I came across with the SEC final rule on 11-K tagging.  I think the rule has a three-year transition period.  Does Workiva has a summary of the rule on the implementation date and tagging requirement?  Thanks.  

Ken

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  • Mike Davis

    Hi Ken!

    Thanks for asking.

    Based on our interpretation of that ruling, as you stated, the requirement to tag Form 11-Ks is 3 years out. This ruling now appears in the Federal Register and the effective date will be July 11, 2022, meaning that this requirement would start to require XBRL in 11-Ks in July 2025. However, we encourage all filers​ ​to confirm with their legal ​counsel on where their fiscal year falls ​in relation to this effective date.

    Hope that helps. Let me know what questions you have an if you need anything else. Cheers!

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  • Kenneth Ho

    Thanks Mike.  Very helpful.  

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