We now have more than 2,300 ESEF filings available to view, analyse or download at filings.xbrl.org. The inclusion of taxonomy packages in the XBRL Certified Software programme appears to have significantly reduced the number of packaging errors in this year’s reports.
Hong Kong’s Inland Revenue Department (IRD) has released a preliminary version of its new IRD Taxonomy Package, in order to facilitate preparations for digital tax reporting.
The XBRL US ESG Working Group has published its final paper, on ‘Supporting ESG Data with Standards.’
“Good knowledge and understanding of XBRL can turn your mandatory ESEF submission into an opportunity to transform the way your data is presented, and avoid common errors,” says Pierre Pottier of Invoke in a recent opinion piece – and we heartily agree!
The European Financial Reporting Advisory Group (EFRAG) has published its Due Process Procedures for Sustainability Standard-Setting.
“While the market continues to demand transparency, more than half of senior executives (57% of survey respondents) indicated that data availability (access) and data quality (accuracy/completeness) remain their greatest challenges with respect to environmental, social, and governance (ESG) data for disclosure,” says Deloitte.
The International Organization of Securities Commissions (IOSCO) has welcomed the publication of draft climate and general sustainability reporting standards by the International Sustainability Standards Board (ISSB).
XBRL US has submitted a comment letter in response to a proposal by the Securities and Exchange Commission (SEC) on Share Repurchase Disclosure Modernization.
The Australian Prudential Regulation Authority (APRA) has released a discussion paper for consultation, setting out a five-year roadmap for transforming its approach to collecting financial industry data.
With the introduction of the digital, Inline XBRL-based European Single Electronic Format (ESEF), we have anticipated seeing consolidation in the European reporting space – a trend that now seems to be underway.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
