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June 24, 2022

We continue to work hard to improve and extend our filings.xbrl.org repository of European Single Electronic Format (ESEF) filings made in Inline XBRL, and we are delighted to be receiving an increasing number of enquiries from people interested in using the data.

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ECB welcomes and discusses ESAP proposal

June 24, 2022

The European Central Bank (ECB) has issued an Opinion on the establishment and functioning of the European Single Access Point (ESAP), as proposed by the European Commission in November 2021.

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FASB changes direction on goodwill

June 24, 2022

The US Financial Accounting Standards Board (FASB) has unanimously agreed to scrap a four-year project revising how companies account for goodwill, dropping it from FASB’s technical agenda.

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SEC Chair confirms limits to proposed emissions reporting requirements

June 24, 2022

One of the more controversial aspects of the Securities and Exchange Commission (SEC) proposal on mandatory climate-related disclosures is the inclusion of ‘Scope 3’ emissions.

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Raw XBRL provides greater insights than commercial data set in tax case study

June 24, 2022

XBRL US has published an interesting case study, presenting student research on whether big companies are paying their “fair share” of tax.

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ISSB disclosures will increasingly inform on environmental impact, says IOSCO Chair

June 24, 2022

We were interested to read some recent perspectives from Ashley Alder, Chair of the International Organisation of Securities Commissions (IOSCO).

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Standardisation needed to tackle divergent ESG ratings

June 24, 2022

There is significant divergence in the environmental, social and governance (ESG) ratings provided to companies by different agencies, according to a study in the Review of Finance.

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Calculations, new formats, and Formula: latest technical updates from XBRL International

June 17, 2022

At this week’s 30th XBRL Europe Conference in Paris, our Technical Director, Paul Warren, gave an update on current technical activities within XBRL International.

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Welcoming inaugural Board members to the ISSB, including digital reporting maestro Leng Bing

June 17, 2022

The IFRS Foundation Trustees have announced the appointment of four inaugural members of the International Sustainability Standards Board (ISSB), joining the Chair and Vice Chair.

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Trends and outliers in industry risks, as revealed by KAMs data

June 17, 2022

We have published the second post in our series analysing world-first digitally tagged Key Audit Matters (KAMs) data from Japan, exploring how the use of XBRL can help us get a better handle on the risks identified by auditors.

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