Login

Latest News

News Item

CAFR Demo Shows Potential for State-Level Structured Data

January 25, 2019

Last week XBRL US advanced the push for state-level XBRLby releasing a demonstration taxonomy that shows how data standards can be used in portions of the Comprehensive Annual Financial Report (CAFR). While significant progress has been made at the federal level towards machine-readable reporting, at the state level, financial information is still submitted in the PDF-based […]

Read more


News Item

New XBRL Certified Software

January 25, 2019

  Acsone SA is the latest company to gain Certified Software™ status for their product. Acsone’s AREVIO has been certified as XBRL report creation software, meaning that the company has proven to XBRL International’s satisfaction that the tool validates all reports using a certified processor. Amana have expanded their suite of certified software with their AMANA XBRL Tagger product gaining certified […]

Read more


News Item

Can AI Streamline Corporate Reporting?

January 25, 2019

The Financial Reporting Council (FRC) have published a deep-dive report investigating the role AI will play across corporate reporting. The report covers AI basics, how AI can be used for corporate reporting and suggested actions to ensure quality reporting can be powered by AI. Annual reports and other regulatory documents have high levels of standardisation […]

Read more


News Item

XBRL Technical Updates

January 25, 2019

The XBRL Standards Board has approved an initial Public Working Draft of a new version of the Transformation Rules Registry (TRR) and a further Candidate Recommendation of the Extensible Enumerations 2.0 specification. Internationalised Date Transformations for ESEF  The TRR is used to transform information presented in an Inline XBRL report into the standard formats required […]

Read more


News Item

Canada Consults on Open Banking

January 25, 2019

Last week Canada took the next step towards following the UK, Europe and much of the world into open banking with the publication of a review into the merits of standards and consistent controls in this area. Currently, the data which Canadians create through day-to-day banking transactions are controlled by the financial institutions they bank with. As […]

Read more


News Item

Open Data comes to EU Business Registries?

January 25, 2019

This week the EU agreed upon a revision to the Directive on the re-use of public sector information. The new Directive, the Open Data and Public Sector Information Directive, will require member states to make public sector and publicly funded data open and available for re-use. The Directive includes materials held by public sector bodies at […]

Read more


News Item

The Future of Supervision

January 25, 2019

What lies ahead for Europe’s supervisors? In an interesting speech last week at the Future Supervisory Landscape conference Ms Sabine Lautenschläger of the European Central Bank attempted to tackle this question, outlining some the challenges that European supervisors will face in 2019 – including the increasing involvement of tech in finance. Of course, predictions are […]

Read more


News Item

Italy Announce 2019 Taxonomy

January 25, 2019

Earlier this month the Italian Ministry of Economic Development announced that the 2019 version of the XBRL taxonomy for financial statements is available on the AGID website. The new taxonomy will come into effect for annual and consolidated accounts from 1 March 2019. The new taxonomy makes minor changes to the supplementary notes disclosures, and to […]

Read more


News Item

Technical Experts: Link Climate to Finance in Corporate Reports

January 18, 2019

 The EU is working to link finance and sustainability across the region through a number of related initiatives. Last week its Technical Expert Group (TEG) on Sustainable Finance published its draft report on climate-related disclosures. This report proposes climate related metrics recommended for inclusion in the European Commission’s (initially non-binding) guidelines for Non-Financial disclosure. The […]

Read more


News Item

US energy regulator proposes XBRL based reporting

January 18, 2019

Late yesterday the US Federal Energy Regulatory Commission, the FERC, published a proposal to switch up from its aged Visual FoxPro based e-forms to an XBRL-based data collection system. The FERC was originally going to use custom XML, but after experimentation now proposes XBRL.

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.

  • This field is for validation purposes and should be left unchanged.

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