The Dutch parliament moved on Thursday this week to mandate electronic filing of financial accounts to the Chamber of Commerce (the national business registrar). The legislation phases in XBRL reporting as part of the Dutch SBR program.
*Updated* The XBRL Standards Board has promoted the Assertions Severity 1.0 specification to Proposed Recommendation, meaning that sufficient implementation experience has been gathered and it is believed that no additional development is necessary.
In our interview with Bruno Simoes from the Brazil National Treasury, he gave an overview of the XBRL project there and details how using XBRL is improving government reporting though enhanced data transparency and accuracy. The true strength of XBRL he says is that “XBRL empowers the business person. You are no longer a rider in a car being […]
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”.
XBRL EU has prepared a response to the ESMA Consultation Paper on the European Single Electronic Format (ESEF).
The Kuwait Capital Market Authority, the Companies Commission of Malaysia (SSM) and DataTracks Limited are the newest members of the XBRL consortium.
At Business Reporting 360° in Copenhagen, our special correspondent Adam Shaw interviewed Elina Koskentalo of XBRL Finland on the progress being made there. Watch the video to hear about how businesses in Finland feel about XBRL, the benefits of XBRL and advice for those looking to start an XBRL project. Watch the video. Vero Skatt, […]
Rob Kuipers Provides an Update on SBR in the Netherlands. At the 2015 XBRL International Conference in Copenhagen, we had a chance to sit down with Mr. Rob Kuipers, head of the SBR program in The Netherlands. In a free wheeling interview with special correspondent Adam Shaw, he discusses a range of issues on Standardised […]