On September 7, 2023, CorpFin issued a Sample Letter to Companies addressing several XBRL issues.  In the letter the staff states:

“The Commission has noted that investors and market participants have gained experience with XBRL and Inline XBRL and that there is increased evidence that data in these formats is useful to investors.”

The example comments in the letter address a broad variety of issues, including failing to include inline XBRL, inconsistencies in the common shares outstanding numbers between the cover page and balance sheet, and using inconsistent tags for particular financial statement line items from period to period.

You can review all the example comments in the Sample Letter.

As a reminder, you can find all the sample letters issued by CorpFin, along with other important disclosure guidance, here.

As always, your thoughts and comments are welcome!