XBRL News
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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 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.
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).
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.
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.
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.
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 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.
Calls for Participation in Formula and Base Spec Working Groups
Calls for Participation in Formula and Base Spec Working Groups
October 31, 2006
XBRL International (XII) is calling on all those interested in participating in the XII Formula Working Group and / or the Base Specification and Maintenance Working Group to declare their interest and intent to involve themselves in the work of these groups. If either the proposed Formula Specification or the base XBRL Specification is important to your organisation, then your organisation is urged to contribute to these groups. The Formula WG is continuing work on the development of a Formula Specification which was being performed within the old Specification WG. Instructions on joining the group, together with its draft charter and other information are available at http://www.xbrl.org/FormulaWGCall/.
The Base Specification and Maintenance WG is charged with providing and documenting authoritative interpretations of the XBRL 2.1 specification and with resolving minor issues by way of errata corrections and extensions to the XBRL 2.1 conformance suite. Instructions on joining the group, together with its draft charter and other information are available at http://www.xbrl.org/BaseSpecWGCall/.
New version of German GAAP taxonomy released
New version of German GAAP taxonomy released
November 14, 2006
XBRL Germany has released version 2.0 of its XBRL taxonomy covering German national GAAP for public review. The taxonomy, which complies with the latest 2.1 version of the XBRL Specification, is an update of the first version issued in 2002. Enhancements include changes to reflect the evolution of XBRL rules and best practices, the introduction of basic modularisation, the addition of a new section to cover information for tax filing and a range of alterations and additions to reflect changes in the legal and business environment.
XBRL International Call for Interest – Dimensions Working Group
XBRL International Call for Interest – Dimensions Working Group
November 14, 2006
XBRL International (XII) is calling on all those interested in participating in an XII Working Group devoted to Dimensional Taxonomies to make themselves known by e-mailing WGAdmin@xbrl.org ">WGAdmin@xbrl.org indicating your interest. Topics are expected to include guidance on the implementation of the Dimensions Specification; interoperability with other XBRL Specification initiatives; documenting “best practices” in the creation of taxonomies according to this Specification.
