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The European Union Officially Recognizes XBRL as a Standard

By Dave Nitchman on February 5, 2016

The European Union has named XBRL as an ICT Standard, paving the way for regulators to specify the standard specifically in procurement documents

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RBI Awarded for Innovation

By Dave Nitchman on January 22, 2016

At a short ceremony at the Reserve Bank of India on 22 January 2016, XBRL International presented India’s central bank with an award recognising the regulator’s ongoing innovation in leveraging the standard in pursuit of improved transparency and accountability. RBI has been using XBRL for several years for prudential data collections, covering some 97 risk […]

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A look ahead from the FASB

By Dave Nitchman on January 15, 2016

We like to keep you abreast of developments at the major accounting standards bodies. To that end, the Financial Accounting Standards Board (FASB), which sets accounting standards in the US and is responsible for the US GAAP Taxonomy, has released its outlook for 2016, including results of a stakeholder survey on its future agenda. One […]

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IASB Update

By Dave Nitchman on January 15, 2016

The IASB has released minutes from the latest¬†¬†IFRS Taxonomy Consultative Group conference call. Topics included upcoming and current ITCG reviews, the IFRS Taxonomy deprecation schema, and the management of entity-specific disclosures. Note that it is likely that publication of the annual IFRS Taxonomy 2016 will be delayed until April of this year due to this […]

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Acronym 'JSON' of the yellow square pixels on a black matrix background. JavaScript Object Notation concept.

XBRL Data in Different Formats Using the Open Information Model

By Dave Nitchman on January 15, 2016

The XSB has released the first Public Working Draft (PWD) of the OIM, along with a PWD of xBRL-JSON, a standard JSON representation of an XBRL report, providing new flexibility to regulators, data providers and other structured data publishers.

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Welcome Accounting Research and Development Foundation

By Dave Nitchman on December 11, 2015

The Accounting Research and Development Foundation (ARDF) of Chinese Taipei is the newest member of the XBRL consortium

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Duplicates in XBRL Working Group Note

By Dave Nitchman on December 11, 2015

A new Working Group note provides information on how and when duplicates can occur and guidance on how to tackle them in different kinds of projects.

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City Lights series. Backdrop of technological fractal textures on the subject of science, technology, design and imagination

Call for implementations and comments – Streaming Extensions

By Dave Nitchman on December 11, 2015

The XSB is issuing a call for implementations and is holding a six week comment period though 20 January 2016.

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Taxonomy Packages Moves to Proposed Recommendation

By Dave Nitchman on December 11, 2015

The Taxonomy Packages specification is open for comment until 20 January2016.

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IFRS Taxonomy Update

By Dave Nitchman on December 7, 2015

An updated IFRS Taxonomy for SMEs has been released

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