Taxonomy Architecture Guidance
The Best Practices Board (BPB) has launched a Taxonomy Architecture Guidance Task Force to oversee the development and dissemination of a Taxonomy Architecture Guidance document (TAG).
Rationale:
The changing face of business reporting and the fast moving adoption of XBRL mandates the need for a comprehensive guideline document for taxonomy architecture that can provide those who have limited knowledge of XBRL and taxonomies guidance that defines the various taxonomies that have been built catering to various domains, common and key principles that define architecture of the taxonomy, and the impacts of adopting a specific structure of taxonomy.
After the first version is released, the TAG-TF will then be responsible for periodically updating the TAG document to ensure that the document provides for all evolving architectures.
Learn more about the work the group would perform here.
Deliverables
- Project plan
- Observation Documents
- Taxonomy Profiles Note
- Taxonomy Architecture Notes for every Profile
Audience
- XBRL Jurisdictions, XBRL Community and XBRL WGs
- Entities involved in XBRL Projects (whether or not they are XII members)
- Software Developers
We look forward to working with you!!
