This 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.

Feedback Request - Table Linkbase 1.0

(4 September 2013) - XBRL International is pleased to announce that the XBRL Standards Board, at the request of the Rendering Working Group, has approved as an updated Public Working Draft (PWD) the Table Linkbase 1.0. 

The table linkbase specification provides a way to define the structure of tables for the presentation and/or entry of XBRL instance data. Facts in an XBRL instance exist in a highly dimensional space, and the table linkbase specifies a projection of these facts onto a table. The composition of the axes of the table indicate how the dimensions, periods and other constraints on the data are arranged into the table.

A table linkbase can be used to define a standard view of XBRL instance data for a given taxonomy, or a view of the data in a specific instance.

The Specification as well as the updated conformance suite can be found on the xbrl.org website at http://www.xbrl.org/SpecPWDs or at the following location directly: 

Specification:  http://xbrl.org/Specification/table-linkbase/PWD-2013-08-28/table-linkbase-PWD-2013-08-28.html

Feedback is requested and should be sent to rendering-feedback@xbrl.org

Inline XBRL 1.1 Proposed Recommendation

*UPDATED* on 23 September - The XBRL Standards Board (XSB) has approved, at the request of the Rendering Working Group, the Proposed Recommendation for version 1.1 of the Specification for Inline XBRL.  The comment and response period will remain open until November 5, 2013.

Review comments should be sent to: rendering-feedback@xbrl.org

The Specification documents can be found at the links below or on the XII website at: http://www.xbrl.org/SpecPRs

Version 1.1 of the Specification for Inline XBRL contains three new

1. the addition of an extended mechanism, ix:continuation, for splitting text content within a document;

2. the addition of nesting of ix:nonFraction and ix:fraction elements; and

3. the addition of support for fact-explanatoryFact links, by replacing the existing mechanism for structuring footnotes with a one based on a new element, ix:relationship.

Minor changes have been made to the grammar and layout of the specification in order to improve consistency and accuracy, but in other aspects, the specification has remained unchanged semantically from version 1.0. 


XII Response to the IIRC <IR> Framework

(15 July, 2013) -- The XBRL International Best Practices Board (BPB) has coordinated and prepared comments on the Integrated Reporting Framework Consultation Draft (CD). Read the XII Response. The Framework provides businesses for a way to report how an organization’s strategy, governance, performance and prospects lead to the creation of value over the short, medium and long term.

XII Publishes Quality Control Process for Taxonomy Development

(June 28, 2013) - The Quality Control Process for Taxonomy Development highlights three key contributing factors which influence the Quality in an XBRL Taxonomy, including: 

  • Project Governance Structure 
  • Iterative Processes for Taxonomy Development, Test and Review; and
  • Skilled Resources in areas such as domain and XBRL technology experts.

Architectural issues at the design stage, internal and external review cycles and quality control check-lists foriterative testing are included as examples of framework components. Finally, this paper provides a sample list and description of supportive documents that enable this taxonomy quality control process to become a best practice.

The paper uses the Japan EDINET and UKHMRC taxonomies as case studies.




XBRL Asia (Asian-Oceanian) Roundtable Joint Statement

(May 23, 2013, Suzhou, China) -- The 4th XBRL Asia Roundtable was held in Suzhou during which cooperation and coordination of XBRL in the region was discussed and the establishment of an organization, XBRL Asia (tentatively named), was proposed.  The proposal was jointly supported by XBRL Australia, China, India, Japan, Korea and Singapore.

The participants have recognized that:

  1. The region (Asian-Oceania region), as an important engine for global economic growth, has played and will continue to play an important role in response to the international financial crisis and in restoring the global economy.  XBRL jurisdictions in the region shall, in the public interest, coordinate their positions and strengthen cooperation with constituents to contribute to the capital and financial markets transparency as well as facilitate business reporting in the region.
  2. In recent years, many jurisdictions in the region have adopted or applied the Extensible Business Reporting Language and many others are also preparing to introduce XBRL.  In the context of increasingly globalized information technology, XBRL jurisdictions in the region have continued and will continue to cement relationships.  It is appropriate for XBRL jurisdictions in the region to consider establishing a mechanism more systematic and institutional to discuss problems, share experiences in applying XBRL and make a contribution to a set of high quality global XBRL specifications issued and maintained by XBRL International (XII).
  3. The region features a large population, abundant resources, as well as co-existing developed and emerging economies.  A regional coordination in participations in XII’s specifications development will help the XII to realize the various kinds of requests relating to technical and specification matters in the region and enhance the XII’s leadership as a global IT standard development organization.


In view of this, participants discussed issues related to enhance cooperation and coordination of XBRL in the region and the possible establishment of XBRL Asia (tentatively named).  Participants agreed that further dialogue and negotiations are needed in establishing a more robust mechanism, such as XBRL Asia, to promote the application of XBRL in the region, share XBRL application experiences among jurisdictions and members of the region, facilitate improved transparency in business reporting, coordinate positions of jurisdictions and members in the region in participations in XII’s specification development and support XII’s effort to establish a set of high quality global XBRL specifications.

Mr. Mike Willis, the representative of XII, acknowledged and Mr. Olivier Servais, director of XBRL activities of the International Accounting Standards Board (IASB), applauded the proposal of establishing XBRL Asia.

Development Update - Table Linkbase

(17 June, 2013) -- XII is pleased to provide the following update on the develpoment of the Table Linkbase Specification:


The table linkbase specification provides a way to define the structure of tables for the presentation and/or entry of XBRL instance data. Rather than providing a simple arrangement of concepts as a hierarchy, it enables the definition of tables with multiple axes. The components of these axes are not limited to individual items; instead, they can be defined in terms of a combination of dimensions of any property that can be used to identify the financial facts represented by taxonomies. A table represents a subset of the complete model provided by a taxonomy, and may be used to represent reporting requirements; to represent a view of the data for analytical purposes; or to present an instance document in a certain way. Tables identify the data to be rendered, its order and a basic graphical arrangement.

An overview of Table Linkbase: http://www.xbrl.org/wgn/table-linkbase-overview/pwd-2013-01-16/table-linkbase-overview-WGN-PWD-2013-01-16.html

Current Status:

The Table Linkbase Specification is currently in the Public Working Draft (PWD) development stage. The current PWD is dated 17 May 2013. A Public Working Draft is a working draft that has been distributed to the general public for the purposes of obtaining feedback commentary. The XBRL standards development cycle allow for multiple PWDs based on market input and needs. The XBRL International Standards Board (XSB) approves the publication of all PWDs.

The current Table Linkbase PWD: http://www.xbrl.org/Specification/table-linkbase/PWD-2013-05-17/table-linkbase-PWD-2013-05-17.html

Market Situation:

As the Table Linkbase Specification has been identified as critical to a number of implementations currently underway, the XII Standards Board is giving Table Linkbase the highest priority. This, and the important feedback being received, has resulted in multiple drafts and requests for comment. Software developers and other stakeholders with a significant interest in the Table Linkbase Specification are encouraged to 1) follow developments carefully 2) verify you are working with the latest PWD and 3) plan for evolution of the specification in your software development efforts as the TLB progresses to recommendation status. Specification developments are announced on the XII website, through social media channels and the XII Weekly News Update (subscribe).


Specification quality and addressing broad market needs are our primary consideration. Due to pending project need, however, the XSB has committed to a calendar Q3 delivery of the Table Linkbase Specification to Candidate Recommendation (CR) status. CR status indicates that a particular specification has been widely reviewed and satisfies the Working Group’s technical requirements. XII publishes a Candidate Recommendation to gather implementation experience.




XII Seeks Candidates for Board Positions

XII is seeking candidates for the Standards Board (XSB), Best Practices Board (BPB) and Certification Board (XCB).

The deadline for all submissions of candidate statements and for nominees to confirm they accept nomination is 2359 UTC, 17 June 2013.

There is no limit on the length of candidate statements. Please send nominations, candidate statements and confirmation of acceptance of nominations, if applicable, by PRIVATE E-MAIL to nominate@xbrl.org.

XBRL26 Presentations Now Available Online

Learn more on a host of topics, including Business Intelligence, Business Registries, Financial Regulation, Non-Financial Reporting, Banking, Insurance, Taxation and more. http://archive.xbrl.org/26th/

XBRL International Elects New Members to the Board of Directors

16 April 2013 – XBRL International (XII) is pleased to announce two new additions to its Board of Directors. The candidates were elected by the XII Member Assembly at its meeting in Dublin, Ireland. 

At-Large Representative
John Dill, Bermuda Monetary Authority
Director, Management Services

Mr. John Dill has over 25 years of experience in the information technology industry in both managerial and technical roles, covering Information Risk Management, Security, Disaster Recovery, Business Continuity, Enterprise Architecture, Software Development, and Strategic and Tactical Planning. In his capacity with the Bermuda Monetary Authority Mr. Dill’s responsibilities include Information Technology, Currency Operations, Facilities and Document Management and the Authority’s Project Management Office. Prior to joining the Bermuda Monetary Authority, Mr. Dill was a Project Manager at the Bank of Bermuda (a member of the HSBC Group) where he was responsible for the delivery of a diverse portfolio of projects in the Bank’s Operational Risk, Compliance, and Finance areas. Mr. Dill has a Masters of Arts Degree in General Management from Webster University and a Bachelor of Science Degree in Computer Science from the University of Western Ontario.

Direct Member Representative
Michal Piechocki, BR-AG

Michal Piechocki is the Chief Executive of the Business Reporting – Advisory Group, leading its global operations and advising international governmental and supervisory institutions on the adoption of XBRL. His expertise has been contributed to projects in Europe, Australia, Asia and North and South America. Prior to his leadership of BR-AG Michal worked as a member of the International Accounting Standards Committee (IASC) Foundation XBRL Team developing the International Financial Reporting Standards (IFRS) XBRL taxonomy and related projects. Michal graduated from the Poznan University of Economics (Management Department with majors in Capital Investments and Corporate Financial Strategies) where he received Master’s degree in economics and continues his education as a PhD Candidate at the Technische Universitat Freiberg, Germany.

The XBRL International Board is comprised of representatives from XII’s Jurisdiction and Organisational Direct Members, as well as at-large representatives including the Treasurer. “We welcome Michal and John to the XII Board of Directors. Their knowledge, experience and standing in the community will be an asset to XII as the organisation continues its progression toward XBRL being the prominent standard for the sharing of business information,” said XII CEO, Tony Fragnito.

ACORD and XBRL International Release Solvency II Discussion Paper

(Tuesday 16 April 2013) – ACORD and XBRL International, in collaboration with BR-AG (Business Reporting Advisory Group), today released a discussion paper examining touch points between the XBRL Solvency II taxonomy and ACORD's Global Reinsurance and Large Commercial (GRLC) standards. The paper's release was announced jointly by BR-AG's CEO Michal Piechocki and ACORD's Chief Industry and Government Affairs Officer, Ann Henstrand during the 26th XBRL International Conference in Dublin, Ireland.

The discussion paper explores the notion that there is a common subset of data between the two sets of standards which can be mapped to achieve efficiency, consistency, and reliability.  The ACORD GRLC standards and the XBRL Solvency II taxonomy are the initial focus for interoperability opportunities between the standards, given the advent of Solvency II regulatory reporting requirements for insurers in EU member states.

"ACORD believes that collaboration between data organizations is important. Working together, we can more quickly build data roadmaps for consistent use in all insurer operations systems. This paper is an important marker toward the goal of more accurate and efficient communication and data exchange," said Gregory A. Maciag, President and CEO, ACORD.

"The broad acceptance of XBRL proves that the need for efficient sharing of business information is not confined to any one industry or reporting requirement. With this detailed exploration of how two standards can complement each other, we are opening up new possibilities for both XII and ACORD. We look forward to working closely with the insurance industry to uncover more we can do together," said Tony Fragnito, CEO of XBRL International.

Michal Piechocki, CEO of BR-AG, of Poznan, Poland, who co-authored the paper with ACORD's Puneet Bharal, said, "The utility and reliability of XBRL data will be enhanced by working with existing vertical industry standards, such as ACORD for insurance.  BR-AG is pleased to contribute to this proof-of-concept work, and looks forward to more extensive community discussions and possible development of real-life business use cases."

XBRL is a well-established and growing global standard for the sharing of business information in sectors such as securities regulation, taxation, banking, insurance and non-financial areas like carbon disclosure and risk reporting, while ACORD is a well-established and growing global standard primarily used for insurance industry transactions in all insurer sectors.  ACORD standards also contain an insurance industry framework made up of five inter-related facets including a business glossary, data model, component model, capability model and information model.  These ACORD insurance industry models are identified in the discussion paper as the means by which a unifying data dictionary encompassing both standards could be created to support future mappings for consistency and ease.

Next steps identified by the two organizations include the formation of a joint working group with representation from the XBRL regulatory, accounting and financial reporting communities, along with IT, data architecture, and insurance business community members from ACORD. The group will further explore efficiencies which may be achievable in other parts of the world, and using the full scope of ACORD's standards including general insurance, life and annuities, and more.

For a copy of the discussion paper, please see: http://xbrl.org/sites/xbrl.org/files/imce/xii_acord_brag_discussionpaper.pdf. To indicate interest in participating in the joint XBRL-ACORD Working Group, please contact:  Puneet Bharal, Director of Implementation Services, pbharal@acord.org.

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