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Indonesia proceeds with XBRL tax reporting

April 22, 2022

Indonesia’s Directorate General of Taxes (Direktorat Jenderal Pajak) has recently nominated 37 companies, registered at 10 different tax offices, to submit their tax returns using XBRL.

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FASB seeks feedback on taxonomy implementation guides

April 22, 2022

There is new advice for taxonomy users in the US: the Financial Accounting Standards Board (FASB) has issued three proposed Taxonomy Implementation Guides relating to its 2022 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy (collectively the ‘GAAP Taxonomy’).

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Japan to streamline quarterly disclosures

April 22, 2022

The Japanese government has announced plans to scrap quarterly securities reporting, in an attempt to lighten burdens on companies.

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Indian stock exchanges adopt mandatory XBRL for investor grievance reporting

April 22, 2022

In the latest example of India’s ongoing embrace of XBRL, the BSE (formerly Bombay Stock Exchange) and the National Stock Exchange of India (NSE) have issued circulars requiring listed companies to file information on investor grievances in XBRL.

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EIOPA calls for greater transparency on stress test results

April 22, 2022

The European Insurance and Occupational Pensions Authority (EIOPA) has published an Opinion urging the disclosure of individual results of insurance stress tests.

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UK FRC takes the reins on audit

April 22, 2022

The UK’s Financial Reporting Council (FRC) is on course to significantly strengthen its oversight of audit.

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Europe consults further on ESG ratings

April 22, 2022

The European Commission has issued a consultation on the functioning of the market for environmental, social and governance (ESG) ratings in Europe, and how credit rating agencies incorporate ESG risks in their creditworthiness assessment.

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Is your Inline XBRL slow to load? Better HTML can bring it up to speed

April 15, 2022

Why are some iXBRL reports very slow, while others with similar levels of design open almost instantaneously? The answer largely lies not in the iXBRL itself, but the HTML – and our latest post suggests solutions for lightning-fast HTML with no compromise on visuals.

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Pioneering digital ESG reports demonstrate the value of machine-readable data

April 15, 2022

XBRL US has this week announced the publication of corporate sustainability data in Inline XBRL format by two companies: Moody’s Corporation and Etsy, Inc.

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New SEC rules for security-based swap execution facilities

April 15, 2022

The US Securities and Exchange Commission (SEC) proposes to create a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).

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