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IFRS Taxonomy Consultative Group Calls for Members

October 5, 2018

The IFRS Foundation is seeking candidates to join the IFRS Taxonomy Consultative Group from 1 April 2019. The IFRS Taxonomy Consultative Group contributes to the development of the IFRS Taxonomy by providing regular input on taxonomy related issues. Members are drawn from a variety of business and geographical backgrounds. The Board is keen to appoint […]

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FASB Taxonomy Updates

October 5, 2018

The Financial Accounting Standards Board (FASB) has issued a new release note describing taxonomy improvements for the 2019 GAAP Financial Reporting Taxonomy.

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Liquidity Pillar 2: Update to Reporting Requirements

October 5, 2018

Following the publication of the final PRA110 template and reporting instructions in the PRA has received a number of questions. The responses to these have now been published in a Q&A clarifying the reporting rules.

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ESEF Conference

October 5, 2018

On Thursday 4 October XBRL Sweden will hold its annual conference, this year focusing on the electronic submission of financial reports to ESMA, which will become mandatory for listed companies in the EU from the end of 2020.

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XBRL FRC 2019 Taxonomies suite

October 5, 2018

The UK’s Financial Reporting Council (FRC) has amended its XBRL accounting taxonomies to reflect changes introduced in the UK GAAP triennial review and three new IFRS documents. UK IFRS reporters to HMRC and Companies House will need to use this collection to file their annual accounts. UK GAAP reporters applying the Triennial Review Amendments can […]

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Recruiting: Taxonomy Software Developer

October 5, 2018

The FASB is looking for a Software Developer to develop and maintain software systems for the US GAAP Financial Reporting Taxonomy.

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Bank of Russia Release Draft Insurance Reporting Updates

October 5, 2018

The Central Bank of Russia has released a draft adjustment to the reporting requirements for insurance companies. The direct No. 4584-U changes the forms, terms and procedure for drawing up and submitting reports to the central bank.

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GREAT Act Passed by House and Introduced in the Senate

October 5, 2018

The GREAT Act aims to transform US federal grant reporting from disconnected documents into open data by requiring the creation of a comprehensive and standardized taxonomy covering all reported federal grant and assistance data. This will deliver transparency for grant making agencies and the public, as well as allowing grantees to automate their reporting processes, […]

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GREAT Act Senate Reading

October 2, 2018

The Data Coalition’s proposed GREAT Act – Grant Reporting Efficiency and Agreements Transparency – was introduced in the US Senate this week.

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New Tutorial

September 28, 2018

One of the most powerful features of XBRL is the ability to embed sophisticated business rules for validation into a taxonomy in the form of XBRL formula rules.  XBRL formula is a very powerful language, but with that power comes some complexity.  To help new users get to grips with the language, the XBRL Best Practices Board has just approved the publication […]

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