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Call for NominationsXII News

XII Best Practices Board seeks Nominations

By Editor on January 10, 2020

XBRL International is seeking candidates to fill open positions on the Best Practices Board (BPB). The purpose of the BPB is to actively manage the production, dissemination and continual improvement of publications. Equally, it is responsible for content that describes methods, processes and best practices for successful development, implementation, integration, maintenance and usage of XBRL […]

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Call for NominationsXII News

XII Nominations Committee seeks Nominations

By Editor on January 10, 2020

XBRL International is seeking candidates to fill open positions on the Nominations Committee (NomCom). NomCom develops and oversees the procedures for the eligibility, nominations, appointments, elections, sign-up and recruitment of all Committee and Board of Director positions within XII. The Committee is seeking new members with significant senior experience in corporate, government or regulatory fields […]

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DigitisationPakistanXBRL

Pakistan’s SECP Anticipating Better Business Trust with XBRL Implementation. 

By Editor on January 10, 2020

The Securities and Exchange Commission of Pakistan (SECP) called their incoming introduction of XBRL reporting a ‘game changer for access to finance and much needed data analytics’ at the recent Registrars Conference. The SECP-organised conference brought Registrars from across Pakistan together to consider ways to improve business trust – with one major strategy being increased […]

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FASBTaxonomy

FASB Finalises 2020 Taxonomies

By Editor on January 10, 2020

At the end of last year the Financial Accounting Standards Board (FASB) announced the release of the updated 2020 GAAP Taxonomy, 2020 SEC Taxonomy and the XBRL US DQC (Data Quality Commission) Rules Taxonomy. The GAAP Taxonomy and SEC Taxonomy are expected to be accepted as final by the SEC in early 2020. They are […]

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ESEFESMATaxonomy

ESMA Updates Taxonomy in Advance of ESEF

By Editor on January 10, 2020

At the end of 2020 the European Securities and Markets Authority (ESMA) updated the ESEF XBRL taxonomy files to reflect the 2019 update of the ESEF Regulation. The XBRL taxonomy files that have been released are based on the IFRS Taxonomy and compliant with all technical and legal requirements of the ESEF regulation. They are also available in all […]

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DataGREAT ActTransparencyUS

GREAT Act Passed by US Congress

By Editor on January 10, 2020

On Monday the US Congress passed the GREAT or “Grant Reporting Efficiency and Agreements Transparency” Act, previously agreed by the Senate.

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iXBRLReportingSpecXBRLXII News

Report Package Requirements 1.0 Released

By Editor on December 13, 2019

XBRL International has released requirements designed to improve the process of combining multiple XBRL or iXBRL reports into a package without losing the references between them.

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FASBGAAPTaxonomy

FASB Issue 2020 Draft Taxonomy Release Notes

By Editor on December 13, 2019

 The Financial Accounting Standards Board (FASB) has issued proposed taxonomy updates and improvements for 2020. Stakeholders are invited to comment on the proposed changes, with the deadline for comments being 3 January 2020. The proposed changes are pending SEC acceptance of the 2020 FASB US GAAP Financial Reporting Taxonomy. Read more and access the release […]

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Capital MarketsDataESMAEU

ESMA Review of MiFID II Recommends Establishing Consolidated Tape for Equity

By Editor on December 13, 2019

The European Securities and Markets Authority (ESMA) review of market data prices has found that the Markets in Financial Instruments Directive (MiFID II) has not delivered on its objective of reducing the cost of market data or of establishing a consolidated tape for equities. MiFID II requires venues and data providers to publish market data […]

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AIAnalysisDataPrivacy

Where Next for Data?

By Editor on December 13, 2019

As the year draws to a close ITProPortal has taken a stab at predicting how data use will change in 2020. Much of their predictions centre around improvements in AI analysis – which the expansion of structured data around the world will help facilitate. They predict that developments in AI and machine learning will mean patterns across […]

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