What needs to be done on data quality? FRC reviews first mandatory ESEF year
The FRC Lab reports on lessons learnt from the first year of mandatory digital reporting in the UK. It finds that many companies are rising to the challenge of the ESEF format, and points the way forward on more that needs to be done on data quality.
Significant improvements in XBRL data quality over first six years of Solvency II
EIOPA takes stock of data quality in Solvency II disclosures, and how it has developed since 2016. It finds significant improvements, due to “automated data quality processing solutions and advanced analytic tools together with built-in validations in the XBRL taxonomy.”
Block tagging ahoy! Valuable clarity as ESMA updates ESEF guidance
ESMA has recently published the annual update of its ESEF Reporting Manual, providing welcome clarification on block tagging and fine-tuning some existing rules. We summarise the key changes in a new blog post.
Which software is certified for what?
Just like the XBRL standard, our certification programme is modular. We have published a new website page to make it easier to see which XBRL Certified Software meets your individual needs.
First reports available as Israel gets into the swing of Inline XBRL
Yet another country is in the process of adopting Inline XBRL for its IFRS reporting. The first annual reports made by Israeli public companies in Inline XBRL are now available via the ISA’s Magna portal, with more trickling in.
