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XII Member Press Releases Available

By Dave Nitchman on April 20, 2015

Keep up with the latest corporate and product news from consortium members from around the world with our new member press release repository.

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Business Reporting 360° – The 2015 XBRL International Conference

By Dave Nitchman on April 20, 2015

Bookmark http://conference.xbrl.org or follow #xbrl2015 on twitter to get all the latest updates on sessions, keynotes, accommodations and more for the 2015 XBRL International Conference.

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Improving Business Reporting in Finland

By Dave Nitchman on April 17, 2015

XBRL Finland held a successful conference entitled the Real-Time Economy (RTE): Innovations for Europe Conference. Nearly 150 participants from 12 countries and 68 organizations came together in Helsinki to discuss advances in financial reporting, public data collection and accounting. The purpose of the conference was to disseminate information on RTE innovations and to gather people […]

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Get Involved in Taxonomy Guidance

By Dave Nitchman on April 8, 2015

The Best Practices Board’s Taxonomy Architecture Guidance Task Force has published a catalog of prioritised topics and ideas for future guidance for review and comment.

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Call for Candidates – Best Practices Board

By Dave Nitchman on April 1, 2015

The XBRL International Best Practices Board (BPB) champions the adoption of XBRL standards by developing Best Practices guidelines and materials. Current activities include the creation of knowledge materials for implementation success; publication of authoritative taxonomy architecture guidance, taxonomy recognition processes, audit data collection processes and the promotion of the work of Best Practices Board and its […]

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Audit Data Standards – Update

By Dave Nitchman on March 26, 2015

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 […]

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XBRL GL Taxonomy Advances to “REC” Status

By Dave Nitchman on March 26, 2015

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 […]

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Comment on IASB’s IAS 7 Amendments

By Dave Nitchman on March 25, 2015

The XBRL community is urged to comment on the IASB’s Proposed Amendments to IAS 7.

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Updated CRD IV Validation Rules, DPM and Taxonomy from the EBA

By Dave Nitchman on March 25, 2015

Amendments and updates have been made available by the EBA.

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2015 IFRS Taxonomy Released

By Dave Nitchman on March 25, 2015

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 […]

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