Login

Latest News

Classic vintage retro city bicycle in Copenhagen, Denmark

XBRL Nordic IV – Book your Place!

February 8, 2019

XBRL Denmark has announced that their XBRL Nordic IV Conference will be held in Copenhagen on 28 March 2019 at the Danish Business Authority. At XBRL Nordic IV, the focus will be on the forthcoming ESMA/NCA mandate around annual IFRS reporting via the new European Single Electronic Format (ESEF). For more information please visit the […]

Read more


News Item
Robot cyborg making investment - artificial intelligence

AI: What are the Risks for Investors?

February 8, 2019

Artificial Intelligence and machine learning offer enormous potential for the investment industry – however, the adoption of new technologies has a range of impacts that need to be considered. A report published last month explores these concerns, asking what the potential impact of Artificial Intelligence will be on the CFA Institute’s Code of Ethics and […]

Read more


unnamed-13

The Value of Integrated Reporting

February 8, 2019

How can Integrated Reporting (IR) reach its potential? Nick Shepherd, a Council member at the UK based Maturity Institute where he leads their work on Integrated Reporting, explores this question in an article on Economia this week. IR is a fast-growing field, with increasing numbers of organisations choosing to voluntarily disclose broader metrics. But is […]

Read more


News Item
unnamed-12

Draft Guidelines: Using the ESEF Rules for Anchoring Extensions

February 8, 2019

 XBRL International’s Entity Specific Disclosure Task Force (ESDTF) has published draft guidance to help those who will be preparing iXBRL reports or developing software that complies with ESMA’s ESEF regulation better understand how to anchor entity-specific concepts to ESEF taxonomy concepts. This guidance is draft, and non-normative, but is intended to assist software firms and issuers […]

Read more


News Item
Portrait of bearded young businessman wearing dark suit holding clipboard and looking at it standing near concrete wall with colorful big data sketch on it.

How Will Big Tech Impact Regulation?

February 8, 2019

A speech given last week by Denis Beau, First Deputy Governor of the Bank of France, examines the risks and challenges to regulation posed by the explosion of Big Tech and Fintech firms. In the past decade there has been a structural shift stemming from the digitisation of finance, utilising cutting-edge technologies like big data, […]

Read more


News Item
Standards

Standardisation: The Right Path

February 1, 2019

Standardisation is widespread in society and a crucial component of the modern economy. In a new paper this week, The Data Standardization Challenge, Professors Richard Berner of the NYU Stern School of Business and Kathryn Judge of Columbia Law School look at what slows down the development of financial services standards. They point out that standardisation […]

Read more


News Item
unnamed-10

IFRS Modernise Materiality

February 1, 2019

This week the IFRS published a feature reflecting on the changes they have made to the concept of materiality in light of the IASB’s recent finalised revised definition of ‘material’. At the crux of business disclosure is the question: what gets reported? For preparers, too much irrelevant information can be a burden, whereas for investors, more […]

Read more


News Item
JAKARTA, Indonesia. January 27, 2018: Aerial view of Jakarta cityscape in Sudirman Central Business District shot from a drone at mid day

Indonesia Simplifies Reporting

February 1, 2019

Last Friday the Indonesian Finance Ministry’s Taxation Directorate General and the Indonesian Stock Exchange (IDX) signed a memorandum initially enabling 33 state-owned companies to simplify their tax returns by reporting to the tax office in XBRL. Previously, companies were required to submit hard copies of their financial statements to the tax office, a lengthy process […]

Read more


News Item
Clock 2019

Fear of the Future?

February 1, 2019

Bond Buyer this week published one of two takes on the latest push for state-level XBRL in the US, arguing that while machine-readable technologies should bring more transparency to the municipal bond market, they could also cause ‘headaches’ for issuers. But are the concerns voiced legitimate, simply a fear of technology, lack of education – […]

Read more


News Item
Be consistent concept -  slate blackboard sign against weathered red painted barn wood with a dumbbell, apple and tape measure

More Consistent Filing Rules

February 1, 2019

Filing rules are crucial for reporting programmes as they define the specific technical requirements of the filing system. Preparers and software vendors need to ensure that their XBRL reports comply with these filing rules and are not invalidated at the point of submission. Over the years data collectors have adopted different practices for defining and publishing these filing rules. XBRL International has […]

Read more



Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.

By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy