XBRL News
 |
XBRL NewsThis is a listing of XBRL news from around the world. If you have news that you would like to share, please send it to us. |
XBRL Standards Board establishes new procedures, working groups
XBRL Standards Board establishes new procedures, working groups
October 31, 2006
The XBRL International Standards Board (XSB) has established new procedures for the operation of International working groups and for the production of technical material. It has also agreed the setting up of several new working groups to move forward key developments.
Indian market regulator working on introduction of XBRL
Indian market regulator working on introduction of XBRL
October 30, 2006
The Securities and Exchange Board of India (SEBI) is in discussion with stock exchanges and issuers of financial information about the introduction of XBRL for financial reporting by companies, according to the Press Trust of India (PTI). One aim is to make user access to information more efficient.
XBRL acknowledges Thailand Stock Exchange taxonomies
XBRL acknowledges Thailand Stock Exchange taxonomies
October 30, 2006
XBRL International has granted Acknowledged status to three Thailand Stock Exchange taxonomies - for commercial and industrial companies, for banking services companies and for securities companies. This status means the taxonomies fully comply with the latest XBRL Specification. They are the first taxonomies from Southeast Asia to be acknowledged by XII.
XBRL International issues Call for Participation - Rendering
XBRL International issues Call for Participation - Rendering
October 14, 2006
The XBRL International Standards Board has called on all those interested in the creation of a specification that addresses the Rendering of XBRL Instances to declare their interest in participating in the new XBRL International Rendering Working Group. If this specification is important to your organisation, you are urged to contribute to its creation. Full details are on http://www.xbrl.org/RenderingWGCall/, including information on how to join the group and its draft charter.
UK Revenue receives first tax filings in XBRL
UK Revenue receives first tax filings in XBRL
October 10, 2006
HM Revenue & Customs (HMRC) has begun receiving corporation tax submissions in XBRL, becoming the second UK Government agency to receive XBRL filings. The start of company tax filing in XBRL follows the successful launch by UK Companies House of an XBRL filing service for the financial statements of small companies.
Meetings at Bank of Spain push forward XBRL activities in Europe
Meetings at Bank of Spain push forward XBRL activities in Europe
October 10, 2006
Two meetings hosted by the Bank of Spain in early October helped to push forward projects for the use of XBRL in Europe. The 6th European Bank Supervisors XBRL Workshop on 4 and 5 October covered strategies for implementing the newly released COREP and FINREP taxonomies which support regulatory reporting by banks in Europe. The 1st Technical Meeting on European XBRL Projects on 5 and 6 October reviewed XBRL projects in a range of European countries. It discussed current XBRL developments and the main priorities for new specification modules and other technical documents. Views on priorities will go to the XBRL Standards Board (XSB).
XBRL Dimensions Specification released as Recommendation
XBRL Dimensions Specification released as Recommendation
October 3, 2006
XBRL International has released its Dimensions 1.0 Specification as a Recommendation. This is the final stage of approval by XBRL International, confirming that the International Steering Committee considers that it is suitable for general deployment. No substantive changes have been made to the previous version of the specification or its schemas, published in July as Candidate Release 4. The Dimensions Specification is a modular, optional extension to XBRL allowing XBRL taxonomy authors to define and restrict dimensional information. A typical example of its use is the ability to define regional and product dimensions for basic elements such as sales – although its potential uses go far beyond this simple case. It provides an important extension of the ability of XBRL to represent easily and efficiently the dimensional information which exists in business reporting.
US SEC invests $54 million to pave the way for XBRL filing
US SEC invests $54 million to pave the way for XBRL filing
September 25, 2006
The U.S. Securities and Exchange Commission has awarded contracts totalling 54 million dollars to transform its EDGAR company information database, saying this paved the way for universal filing in XBRL by companies. The contracts include $5.5 million with XBRL US to complete the production of taxonomies, or XBRL dictionaries, which US companies will use to file their financial data, and $48 million with Keane Federal Systems to modernise and maintain the EDGAR database.
US SEC invests $54 million to pave the way for XBRL filing
US SEC invests $54 million to pave the way for XBRL filing
September 25, 2006
The U.S. Securities and Exchange Commission has awarded contracts totalling 54 million dollars to transform its EDGAR company information database, saying this paved the way for universal filing in XBRL by companies. The contracts include $5.5 million with XBRL US to complete the production of taxonomies, or XBRL dictionaries, which US companies will use to file their financial data, and $48 million with Keane Federal Systems to modernise and maintain the EDGAR database.
XBRL-US to become independent organisation
XBRL-US to become independent organisation
September 25, 2006
The American Institute of Certified Public Accountants (AICPA) announced that XBRL-US will become an independent, not-for-profit organization. Initially formed as a volunteer committee of the AICPA, the new entity will continue as the chartered U.S. jurisdiction of XBRL International and as a member-supported entity.
