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SEC

SEC Releases Updated Rendering Previewer

By Dave Nitchman on April 27, 2015

The US SEC provides rendering previewers for filers to test how an interactive data submission will appear on the SEC’s website when submitted via EDGAR. Rendering is important because it adds back in the human readability component of machine readable XBRL data, which enhances usability. Learn more or access the viewer directly.

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ifrs resize

IASB Updates Formula Linkbase

By Dave Nitchman on April 27, 2015

The IASB has published the 2015 Formula Linkbase.  Updates include implementation of generic labels for each formula group; revised schema imports; and revised human-readable validation messages. The IFRS Formula Linkbase may be used for filings with the IFRS Taxonomy directly, regulatory extensions to the taxonomy or with entity specific extensions. Learn more.

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Taxonomy - Featured

Brazil Taxonomy Acknowledged

By Dave Nitchman on April 27, 2015

The Brazil GAAP Commercial and Industrial Taxonomy has been added to XII’s list of Acknowledged Taxonomies. XII’s multi-step Taxonomy Recognition Process validates the conformance of the taxonomy to the XBRL specification, determines that a taxonomy has been correctly authored, and that it has had sufficient input from the public and  meets the needs for which it was created. Learn more.

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XII Member Press Releases Available

By Dave Nitchman on April 20, 2015

Keep up with the latest corporate and product news from consortium members from around the world with our new member press release repository.

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Copenhagen

Business Reporting 360° – The 2015 XBRL International Conference

By Dave Nitchman on April 20, 2015

Make your hotel reservation for XBRL 2015 at http://conference.xbrl.org now.

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Helsinki, Finland

Improving Business Reporting in Finland

By Dave Nitchman on April 17, 2015

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 […]

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Get Involved in Taxonomy Guidance

By Dave Nitchman on April 8, 2015

The Best Practices Board’s Taxonomy Architecture Guidance Task Force has published a catalog of prioritised topics and ideas for future guidance for review and comment.

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Call for Candidates – Best Practices Board

By Dave Nitchman on April 1, 2015

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 […]

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Audit Checklist

Audit Data Standards – Update

By Dave Nitchman on March 26, 2015

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 […]

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XBRL GL Taxonomy Advances to “REC” Status

By Dave Nitchman on March 26, 2015

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 […]

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