Bruno Simoes from the Brazil National Treasury gives an overview of the XBRL project there and details how using XBRL is improving government reporting though enhanced data transparency and accuracy.
SEC Commissioner Michael Piwowar called on the SEC to “move promptly to modify EDGAR to permit inline XBRL and commence a voluntary pilot program to obtain more information about the costs and benefits of an inline XBRL system”.
The XBRL Standards Board has promoted the Assertion Severity 1.0 specification to Candidate Recommendation status. What does that mean? As the name suggests this modular addition to the XBRL Formula Specifications very simply provides a way to attach different levels of severity to errors encountered when processing business rules. Now in addition to simple Pass and […]