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GDPR is coming and we need your help

May 11, 2018

Here at XBRL International we have been preparing for the 25 May deadline for compliance to the General Data Protection Regulation (GDPR) in the EU. We believe that the privacy and protection of our community members’ data is very important so we will be instituting the principles of the GDPR for all of our members […]

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Ukraine Seeks Proposals for XBRL Systems

May 10, 2018

DAI Global (DAI), the implementer of the USAID-funded Transformation of the Financial Sector in Ukraine project, has announced a tender for the development and implementation of a Financial Reporting System based on XBRL documents for the Ukrainian Financial Regulators. Proposals are due by 5 June. As previously reported, Ukraine’s Ministry of Finance, the National Bank […]

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JP Morgan Chase: More Standardisation Please 

May 4, 2018

At XBRL International we believe that there is an extraordinary opportunity for collaboration both between regulators and amongst the regulated to improve clarity, improve outcomes and to bring about significant simplification. It’s also a chance to lower the costs associated with inconsistent regulations imposed on business. JP Morgan Chase seems to agree.

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SEC: AI needs Machine Readable Data

May 4, 2018

The massive EDGAR database serves up 1.5 billion copies of documents filed by public companies with the SEC each year, and these days 85% of those downloads are by ‘bots, not humans. That’s an important signal: regulatory data needs to be human and machine readable. Read more…

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Save Your Seat! 

May 4, 2018

The 9th XBRL Asia Roundtable will be held as part of a wider joint program with the Asian Development Bank’s Asian Bond Market Forum meeting from 18 to 21 June in Fukuoka, Japan. The theme for the meeting is to explore the opportunities that standardisation and technology afford in helping to better link and integrate the economies […]

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India: BSE, NSE and MSE have adopted XBRL

May 4, 2018

Standardised reporting can be beneficial not just for the submission of information to a given institution but can also be pivotal in the seamless transfer of data between financial market authorities. This is exactly what is now taking place in India. In order to enable easier filings and to make reporting by listed entities to […]

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Coming Soon: Multi-Choice, Multi-Dimensional, Multi-Lingual Pick Lists!

May 4, 2018

The XBRL Standards Board has approved as a Candidate Recommendation the Extensible Enumerations 2.0 specification.  This modular extension to the XBRL standard builds upon the functionality added by earlier versions of the Extensible Enumerations standard, and provides taxonomy authors with the ability to create concepts and dimensions that take either a single value or multiple values from a predefined […]

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FASB Seeks Feedback

May 4, 2018

In a recent update by the Financial Accounting Standards Board (FASB) to their Implementation Guide Series for the U.S GAAP Taxonomy, FASB staff have now issued a new proposed taxonomy guide for revenue from contracts with customers. The implementation guide provides examples to help users of the taxonomy understand how modeling, revenues and costs are […]

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English XBRL in NBA Generator Update

May 4, 2018

The Dutch professional association of accountants – the Koninklijke Nederlandse Beroepsorganisatie van Accountants, or NBA for short – has updated its declaration generator. Starting last week, the XBRL instance for the Dutch format will also be available in English. This update has been exclusively intended for digitally deposited annual accounts of medium-sized companies within the […]

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SEC Reporting Taxonomy – SEC & FASB Discussion

May 4, 2018

Did you miss the recent webinar on the new SEC Reporting Taxonomy? Not to worry! You can watch the recorded version of it here https://xbrl.us/events/20180501/. The webinar was hosted by both the SEC and FASB and addressed how issuers could take advantage of the guidance provided. The speakers were: • Louis Matherne, Chief of Taxonomy […]

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