Login

Latest News

News Item
Teenager displaying his math formula with chalk on background

IFRS Releases Updated Business Rules

July 28, 2017

An important part of high quality structured data is the application of business rules that uncover simple mistakes and business logic errors. XBRL International urges all regulators to use machine executable business rules in order to significantly enhance data quality. To help environments that report based on the IFRS accounting standards, the IFRS Taxonomy Formula Linkbase […]

Read more


News Item
3ccd4078-18d0-43dd-90e9-3e1d7d6b3445

Unit Registry Updated

July 28, 2017

Ok… so this might seem mundane, but really, it isn’t. One of the many useful features of XBRL is the ability to enforce consistent measurement. One of the ways that the standard does that is through the Units Registry which is a set of authoritative definitions of units of measure that are machine readable. Many […]

Read more


News Item
eefc1729-867f-4324-a4db-c109862dfaf8

State of Indiana takes first steps towards SBR

July 28, 2017

SBR or Standardised Business Reporting is a proven way to reduce red tape cheaply and effectively. The strategy is a simple one: find all of the duplicative reporting requirements in government, analyse the definitions that are similar but not identical, and work to conform or harmonise those definitions. If a government has five different agencies that collect information […]

Read more


News Item
26c4b63f-efc1-4ed5-a1ba-42514face7b8

Catching Out the Fraudsters

July 28, 2017

Over on the CFA Institute blog, there is a cautionary tale from Norb Vonnegut, parsing three key lessons from the Bernie Madoff ponzi scheme. Useful for regulators (of all kinds) and investors alike, it’s worth a read. He points out that these kinds of financial frauds: provide what is really a sales pitch wrapped up as due […]

Read more


News Item
Document concept between hands of a man in background

EIOPA Publishes the Final Taxonomy version 2.2.0

July 28, 2017

Right on schedule, the European Insurance and Occupational Pensions Authority (EIOPA) has published the final 2.2.0 version of the EIOPA XBRL taxonomy. The Taxonomy is here. The guide is here. For more general information, look here.

Read more


News Item
Business woman are checking stock market graph on digital tablet

XBRL securities filings means corporate narrative gets to investors faster, more accurately

July 21, 2017

An in depth interview with Bloomberg’s Global Regulatory Monitor, Mr Emil Efthimides in this week’s Dimensions report from Merrill Corporation (registration required)  should be of interest to regulators, companies and accountants alike. Bloomberg already pulls XBRL data directly from Japan, Korea, China, Taiwan, Israel, Mexico and Brazil, but it has now been consuming the more complex […]

Read more


News Item
0c5e189f-a766-4612-bd38-b365bcf3f66a

Fishy Technology

July 21, 2017

At XBRL we have long advocated the advantages of using digital reporting technologies well beyond the financial world; switching from paper to data as a means to increasing revenue, reducing costs and increasing productivity. As a case in point,  the use of Blockchain is being pushed well and truly into new waters within the global fishing […]

Read more


News Item
Concept of Insurance, with Insurance on Blue Enter Keypad on Modernized Keyboard. Modern Keyboard Keypad Labeled Insurance. Insurance CloseUp of Laptop Keyboard on Laptop. 3D Illustration.

Illustrative tagging for IFRS 17 Insurance Contracts

July 21, 2017

The IFRS Foundation has published illustrative tagging for the proposed IFRS Taxonomy Update IFRS Taxonomy 2017—IFRS 17 Insurance Contracts. The illustrative tagging shows how selected information from the Examples accompanying IFRS 17 could be tagged using the proposed IFRS Taxonomy Update. It is published in XBRL and iXBRL (inline XBRL) formats. You can download the […]

Read more


News Item
Entrepreneur with startup idea and business plan in his hand is looking for investment opportunity. Concept of finding investor. Modern line art illustration

Public Review of the DQC 5th RuleSet & Cash Flow Guidance

July 21, 2017

XBRL US has announced that the Data Quality Committee (DQC) has initiated a public review for the fifth set of freely available proposed rules in addition to a detailed guide on how to prepare XBRL-formatted cash flow statements that deliver quality financial information. A webinar will be held on August 2nd for a review of […]

Read more


News Item
SEC
Hand writing Time to Upgrade concept with blue marker on transparent wipe board.

SEC Announce EDGAR Upgrade and Removal of Support for earlier versions

July 21, 2017

Staying with the US, on 17th July, the SEC upgraded the EDGAR system with the release of version 17.2. This latest version no longer provides support for the 2015 US GAAP financial reporting taxonomy, 2013 COUNTRY taxonomy, 2014 CURRENCY taxonomy, or the 2015 EXCH taxonomy. Please see the SEC website for a complete listing of currently […]

Read more



Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.