Taxonomy filing system owners set the rules or guidelines that preparers must follow when tagging IFRS financial statements using the IFRS Taxonomy. These filing rules often refer to the accounting meaning of an IFRS Taxonomy element. This section describes the IFRS Taxonomy content a preparer can use to understand the accounting meaning of an element. Understanding the accounting meaning of an element helps a preparer select the correct elements when tagging IFRS financial statements.
As of Saturday, January 20 at 12:01 am EST the government officially shut many of its operations. Unfortunately, according to the procedures outlined in the Securities and Exchange Commission’s contingency operation planning document, the federal shutdown could have far-reaching effects for the agency.
According to SEC.gov, in the case of a shutdown the agency will remain open for a limited number of days, fully staffed and focused on the agency's mission. A prolonged shutdown however could impact staff support for EDGAR. According to the SEC’s operations plan: