CFA Institute seeks mandatory Inline XBRL. Urges audit and more Structured Data
The CFA Institute has written to the SEC, strongly supporting the shift to Inline XBRL in the US. The letter suggests that “any data that is valuable enough to be required, and is used by investors and analysts should be reported in computer-readable form.”
ESMA Meets the Market
Last week, the European Securities and Markets Authority unveiled the first details of its plans for digitisation of reporting for listed companies in Europe that report in IFRS.
How profitable?
A co-operative effort between Banco de España, XBRL España, and the AECA has created a set of industry-specific KPIs to help enhance the productivity of Spanish small and medium sized businesses.
xBRL-CSV and xBRL-JSON
XBRL International’s new specifications were front and centre in a number of presentations at the XBRL week in Frankfurt. The XBRL CSV and the XBRL JSON specifications are designed to help make the standard more accessible to more systems.
ESMA Thinking Through Extensions
On 6 June, the European Securities & Markets Authority will run a “Meet the Market” workshop in which its broad proposals for the rules that will govern Inline XBRL filing in Europe from 2020 will be discussed. In preparation for that event, ESMA released a range of unofficial, draft working papers for the consideration of relevant parties, including a set of proposals on Extensions.
