India has both made Corporate Social Responsibility activities and processes mandatory and required reporting in XBRL.
XBRL Germany maintains the taxonomy used both for mandatory disclosure of financials in the German public register (“Bundesanzeiger”) and for tax purposes. The latest version of the Taxonomy (6.0) has been updated in order to meet changes in laws and other related facts. Details of the changes may be found on the XBRL Germany website here.
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The Financial Accounting Standards Board (FASB) is seeking public review and comment on its proposed 2017 GAAP Financial Reporting Taxonomy. The deadline to submit written comments is 31 October 2016.
The Australian Securities & Investments Commission (ASIC) thinks that increased sharing of data could ease reporting burdens on business and improve the agency’s ability to meet its regulatory objectives. We agree.
Economic Development and Innovation Minister Mikael Damberg announced recently that the Swedish government is going to start pushing firms towards digital submission of financial reports, with the aim of making such practice mandatory in 2018.
The XBRL Standards Board is seeking comment on the latest version of the Units Registry Specification.
Translations like these help promote IFRS adoption, which continues to grow around the world. It also means that one of the basic capabilities of XBRL is enabled in one of the world’s most important taxonomies.
XBRL US has joined a US Department of Energy initiative to set data standards for the solar industry.
The European Securities and Markets Authority is seeking a “Seconded National Expert” (SNE) with a profile in XBRL for its Investors and Issuers Department, which is part of a wider Corporate Reporting Team. ESMA has the mandate to develop draft Regulatory Technical Standards specifying the electronic reporting format (the European Single Electronic Format – ESEF) in […]