IRAN Securities and Exchange XBRL Project -phase 2

Start Date: 
May 1, 2013
Brief Description: 

XBRL Taxonomy for listed and unlisted companies

Project Objectives: 

Generating Taxonomy for all sectors and then enabling CODAL (Comprehensive Database of All Listed Companies) to create XBRL and present reports in form of XBRL.

Project Purpose: 
Regulatory Reporting
Project Content: 
Taxonomy Creation
Internal/External Reporting: 
External Reporting
Status: 
Prototype
Collected Data Availability: 
Public
Mandatory or Optional: 
Recommended
Information About Project: 

Development of taxonomy to enable companies to prepare the general purpose financial statements, i.e., Balance Sheet, Income statements and Cash Flow Statement as well as Projected Earnings Per Share, in XBRL.

Case Study or Other Output: 

Iran taxonomy that was developed based on IFRS 2013 along with XBRL format of reports for manufacturing companies.

Organization Sponsoring Project: 
Securities and Exchange Organization of Iran(SEO)
Type of Organization Sponsoring Project: 
Regulator
Information About Organization: 

Securities and Exchange Organization (SEO) as the regulatory body of Iran capital market, has implemented XBRL in securities market and generate XBRL-based version of CODAL.

Region: 
Middle East

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