IFRS Taxonomy 2018
The IFRS webinar about the 2018 taxonomy is available for replay. Impacted by IFRS? It’s important to you then. Find it here.
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SEC Experts Interviewed on Structured Data and XBRL Impact on Companies
Do read the interview with Scott Bauguess, Deputy Director and Deputy Chief Economist of the SEC’s Division of Economic and Risk Analysis (DERA) this week from Merrill Corp. Spurred on by what he considered to be a persistent lack of interest and understanding among certain market participants about the importance of standardised data collection and dissemination, […]
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EDGAR Upgraded to Support Revised Taxonomies
System so that it now supports the 2018 IFRS Taxonomy. EDGAR Update 18.2 also signals the point at which a range of previous taxonomies are phased out. Companies are encouraged to use the most recent version of taxonomy releases for their XBRL exhibits in order to take advantage of the most up-to-date tags related to […]
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FRC on Investor Needs from Performance Metrics
Investors have clear ideas about the way company metrics can help with asset allocation. Wouldn’t this work better if these disclosures were digital?
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More XBRL certified software
ABZ Reporting became the latest company to gain XBRL Certified Software™ status for their product. ABZ’s ABRA Transformation Engine has been certified as XBRL report consumption software, meaning that it has been validated as passing the rigorous conformance suites that accompany the XBRL specifications, ensuring consistent interoperability between products. You can find full details of […]
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CIPC Mandate XBRL
As of 1 July, the Companies and Intellectual Property Commission (CIPC) of South Africa has mandated the submission of financial information – including annual returns – from qualifying entities in XBRL format. The commission is expecting this transition to not only herald in a new lease of trust and accountability in financial reporting but will […]
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China’s XBRL Insurance mandate expands
Insurance companies in China are now obliged to report their new Asset Liability Management quarterly reports to the Chinese Insurance Regulatory Commission in XBRL format, expanding the existing reporting arrangements that use the standard. More on the CIRC’s site (in Chinese, but your-chosen-browser should translate) here.
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Don’t miss this XBRL Podcast
The Business Learning Institute runs a terrific podcast for accounting and business professionals, and recently interviewed XBRL International CEO John Turner. Spend a few minutes to hear how the XBRL standard is being used around the world, some upcoming trends and some food for thought. Listen in from around the 5 min 30 second mark […]
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Cyber Lexicon by FSB
Using defined terms helps with clarity – even more so when you are dealing with complex issues. The Financial Stability Board (FSB) has published a draft Cyber Lexicon for public consultation. The draft comprises a set of 50 core terms related to cybersecurity and cyber resilience in the financial sector. The Lexicon is intended to […]
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DVFA offers Chartered Financial Data Scientist certification
The German financial analysts’ society, the DVFA, has launched training and certification for finance professionals in data science. Teaching analysts, bankers, accountants and other finance professionals how to access, collate, query and create value from traditional and alternative data sources, especially using machine learning. Using Python libraries and other open source resources, students are taught […]
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