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Dutch SBR Program Named “Best Practice”

By Dave Nitchman on July 17, 2015

The European Institute of Public Administration has named Standard Business Reporting a “European Best Practice”. Learn how to make SBR work for you at Business Reporting 360°

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XBRL Approved as a Swedish National Standard

By Dave Nitchman on July 17, 2015

The Swedish Standards Institute has approved XBRL as a national standard for electronic reporting and exchange of financial information between organizations in that country.

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Russia Approved as XBRL Jurisdiction

By Dave Nitchman on July 10, 2015

Welcome XBRL Russia as XII’s newest Jurisdiction

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XII Forms International Audit Data Collection (ISO) Task Force

By Dave Nitchman on July 10, 2015

XBRL International has created an Audit Data Collection (ISO) Task Force to act as a single point of communication between the XBRL community and the ISO during the ISO/PC 295 project

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SEC Proposes Additional Rules on Executive Compensation

By Dave Nitchman on July 6, 2015

The SEC is proposing a rule requiring listed companies to report – in XBRL – when they require executive officers to pay back incentive-based compensation that they were awarded in error. These repayments, known as a “claw back” will come about In the event of a financial restatement. Executives will need to repay variable compensation previously paid […]

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XBRL US Launches Center for Data Quality

By Dave Nitchman on June 30, 2015

XBRL US and an alliance of five companies – Merrill Corporation, RDG Filings, RR Donnelley, Vintage, a Division of PR Newswire, and Workiva Inc. have announced the joint formation of the XBRL US Center for Data Quality to improve the utility of XBRL financial data filed with the U.S. Securities and Exchange Commission (SEC).

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Indonesian Stock Exchange Launches XBRL Filing

By Dave Nitchman on June 29, 2015

The Indonesian Stock exchange has officially launched its online XBRL reporting system for listed companies.

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XBRL Global Ledger Gets Multi-language Labels

By Dave Nitchman on June 19, 2015

The XBRL GL Working Group has released a package of multi-language labels to support the XBRL GL 2015 Framework that was released in March. The package provides full translations for Brazilian Portuguese, Chinese, Italian, Spanish, as well as partial translations for Finnish, Canadian French, and Turkish. We are seeing more entities making use of the capabilities […]

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Taxonomy Packages Advanced to Candidate Recommendation with Call for Implementations

By Dave Nitchman on June 19, 2015

Taxonomy Packages make taxonomies easier to use by allowing for automated configuration of support software and additional meta-data that help users understand the way they are structured.

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Filing Guide for Regulators

By Dave Nitchman on June 12, 2015

The IFRS Foundation has published guidance for regulators around the world looking to adopt the IFRS Taxonomy for the electronic filing of International Financial Reporting Standards (IFRS) based financial statements.

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