Extensible Enumerations is a powerful feature of XBRL that enables the creation of concepts that take a value from a pre-defined list. XBRL International’s Best Practices Board has published updated guidance on Extensible Enumerations that covers the new features included in the recent update to the Extensible Enumerations specification. This guidance explains how to define concepts that can […]
As the UK continues to increase mandatory environmental disclosure requirements, Companies House and the Financial Reporting Council (FRC) have released a new XBRL taxonomy making it easier for firms to comply.
This week the XBRL Board of Directors has approved the progression to recommendation status of an important new specification: the Transformation Rules Registry (TRR4).
As part of a package of recommendations for improving audit trust, the Australian Parliament’s Joint Committee on Corporations and Financial Services has recommended mandating machine-readable digital financial reporting.
On Tuesday, European Commission Executive Vice-President Valdis Dombrovskis gave a speech at a key IFRS conference setting out a broad vision for the future of corporate reporting, incorporating a number of important strands for the XBRL community.