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 […]
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 […]
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 […]
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 […]
The XBRL community is urged to comment on the IASB’s Proposed Amendments to IAS 7.
Amendments and updates have been made available by the EBA.
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 […]
The ECB has released the latest Quantitative Reporting Templates with “Add-ons” for information that needs to be provided for statistical purposes over and above the supervisory requirements.
The European Banking Authority (EBA) has published the XBRL taxonomy for competent authorities to utilize for remittance of data. With a reference date of 30 June 2015 onwards, this taxonomy will be used for the first reports on additional liquidity monitoring metrics and supervisory benchmarking for data items identified in the EBA Data Point Model (DPM). In addition to new […]