It’s official. ISO member countries have voted to approve a Technical Committee proposed by China to tackle the development of international standards for how auditors obtain accounting data, including format and content requirements of accounting data elements and data interface output files. As of now there are 13 participating countries and 29 observing countries. XII developed a position […]
The 2015 XBRL GL Taxonomy has advanced to Recommendation status, meaning it is stable and is considered suitable for broad adoption and implementation. XBRL GL is intended to enable the efficient handling of financial and business information contained within an organisation, including the representation of anything that is found in a chart of accounts, journal entries or […]
The XBRL community is urged to comment on the IASB’s Proposed Amendments to IAS 7.
Amendments and updates have been made available by the EBA.
The IASB has released the 2015 XBRL Taxonomy, which includes changes from the three most recent interim releases, the latest of which was in December of 2014. IASB will be hosting a webinar for those with questions on the 2015 Taxonomy on 31 March. The IFRS Taxonomy is the foundation for many XBRL projects around […]
The ECB has released the latest Quantitative Reporting Templates with “Add-ons” for information that needs to be provided for statistical purposes over and above the supervisory requirements.
The European Banking Authority (EBA) has published the XBRL taxonomy for competent authorities to utilize for remittance of data. With a reference date of 30 June 2015 onwards, this taxonomy will be used for the first reports on additional liquidity monitoring metrics and supervisory benchmarking for data items identified in the EBA Data Point Model (DPM). In addition to new […]
Please join with us in wishing our friends across Asia and elsewhere who are celebrating the 2015 Lunar New Year ongoing health, happiness and prosperity!
The European Commission has published a “Green Paper” on the subject of the Capital Markets Union and launched a three month consultative process to gain consensus on problems and solutions regarding the cost of capital in the EU.
Financial Institution Reporting in Colombia - IFRS adoption in Latin America is tightly connected to the use of XBRL, in order to improve the accountability and transparency of business performance not just through consistent accounting standards but via open data exchange. The Superintendencia Financiera de Colombia, or SFC, has announced from Bogota, Colombia, that its new […]