Login

Latest News

News Item

IFRS Taxonomy Update.

December 7, 2018

The IFRS Foundation published a Proposed IFRS Taxonomy Update yesterday. This proposed update includes a number of suggested changes to the IFRS Taxonomy 2018, to improve the quality of data reported using the IFRS Taxonomy and to make it easier to access and use. This is a consultation draft: issuers, users, data providers, regulators and accounting professionals should consider providing feedback to the IFRS team. You’ve got 60 days to do so, through 4 February 2019.

Read more


News Item

XBRL Transformation Rules Registry Update

November 30, 2018

Remember the Y2K problem? Now imagine Y2K but without being told what number comes after “19” until December 1st 1999. That’s the challenge currently facing IT systems in Japan.

Read more


Effective ESG Disclosure Must be in Structured Data

November 30, 2018

There is an increasing recognition of the importance of corporate environmental, social and governance (ESG) transparency for efficient markets and stable, resilient economies. Here at XBRL International we strongly support efforts to expand ESG disclosure, but call on policy makers and standard setters to note the vital importance of structured data to effective ESG reporting.

Read more


News Item

Malaysia Launches MBRS: XBRL Reporting System

November 30, 2018

Data Amplified this year heard from projects facilitating the on-going and significant expansion of the XBRL standard around the world. Earlier last month we were delighted to see the Companies Commission of Malaysia (SSM) adopting XBRL for the annual and financial filings of more than 1 million companies countrywide through the introduction of the Malaysian Business Reporting System (MBRS).

Read more


News Item

IFAC Recommends Smarter Regulation to the G20

November 30, 2018

In advance of the G20 Summit this month in Buenos Aires, Argentina, the International Federation of Accountants (IFAC) released a list of ten recommendations for G20 countries to support the global economy. Centring around the need to pursue smart regulation, greater transparency and inclusive growth, the recommendations are designed to help rebuild public trust in institutions and advance economic progress.

Read more


News Item

FSB Explore Fintech Innovation for Security

November 30, 2018

The Financial Stability Board (FSB) has highlighted the importance of encouraging innovation for financial stability in a letter that draws attention to issues for G20 leaders to consider.

Read more


Cyborg Supervision

November 30, 2018

What does the future of regulation look like? Is there a tension between a supervisory regime that seemingly relies on human judgement, but is increasingly investing in automation, machine learning and AI?

Read more


News Item
SBR

The More SBR the Better

November 30, 2018

Mark Bissschop from SBR Banken has written an article for Accountancy World heralding the benefits of Structured Business Reporting (SBR) and calling for further expansion.

Read more


News Item

Workiva are Unlocking the Value of Data

November 23, 2018

More and more securities markets around the world are shifting to collect data in iXBRL, and thanks to the work of the XBRL community on improving data quality, that data is more consistent and understandable than ever. That said, no matter how much high-quality data there is, it’s not helpful if it isn’t consumable.

Read more


News Item

Moving Inline XBRL Beyond a Compliance Function

November 23, 2018

The importance of easy data consumption was a key theme at Data Amplified this year. There has been a focus on making sure XBRL data fits the requirements of regulators but many speakers recognised the importance of data consumption – easy access to structured data creates increased visibility and usability for new users.

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