June 2022 XBRL Taxonomies Update
June 17, 2022
On June 21, 2022, the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system was upgraded to Release 22.2 and now supports the 2022 version of the International Financial Reporting Standards (IFRS) taxonomy and the 2022Q2 version of the Variable Insurance Product (VIP) taxonomy. The 2022 version of the IFRS taxonomy reflects the same taxonomy that the International Accounting Standards Board made available on its website on March 24, 2022. For more information on changes between the 2022Q2 version and 2022 version of the VIP taxonomy, refer to the Release Notes here.
As previously announced on May 24, 2022, the 2020 versions of the following taxonomies will no longer be accepted in the EDGAR system.
- U.S. Generally Accepted Accounting Principles (GAAP)
- International Financial Reporting Standards (IFRS)
- SEC Reporting Taxonomy (SRT)
- Countries (COUNTRY)
- Currencies (CURRENCY)
- Document and Entity Information (DEI)
- Exchanges (EXCH)
- North American Industry Classification System (NAICS)
- Risk/Return (RR)
- Standard Industrial Classification (SIC)
- State and Province (STPR)
Please see https://www.sec.gov/info/edgar/edgartaxonomies.shtml for a complete listing of supported standard taxonomies.
The staff strongly encourages companies to use the most recent version of taxonomy releases for their eXtensible Business Reporting Language (XBRL) filings to take advantage of the most up-to-date tags related to new accounting standards and other improvements.