Better ratings and better bankruptcy predictions are possible with ratio analysis of the financial statements prepared by local government. That requires high quality digital disclosures.
The Central Bank of Russia continues to move forward with the rapid digitisation of its financial sector, not least with XBRL based reporting. Beginning in June, investment funds and non-state pension funds will now be required to start submitting their financial statements in XBRL. Earlier this year insurance companies and broker/dealers moved over to XBRL […]
Following recent changed to the IFRS Taxonomy and SEC Reporting Taxonomy, you can now find here the corresponding set of updated FAQs.
Digital ecosystems within China are accelerating so quickly that it’s hard to keep track. Researchers at the London School of Economics call out three key reasons for the rest of the world to find ways to join Chinese companies in the fast lane of digital development. They are: the scale and speed of Chinese tech […]
The Prudential Regulation Authority of the Bank of England is consulting through to early June on a format change for a number of insurance reporting submissions in order to align its Solvency II Quantitative Reporting Templates with a range of EIOPA data requirements. The UK’s regulatory authorities continue to work towards the standardisation of supervisory […]
There is now officially less than one month to go until GDPR takes the world by storm. Making sure you are compliant with this regulation is vital and not just in Europe. Here at XBRL International we are preparing to ask our more than 10,000 readers of this newsletter whether they are happy to keep […]
The folk at Google have added the SEC XBRL financial statement filings to their BigQuery database, a massively scaled data warehouse that allows data to be queried using a variety of analytic techniques.
It is time for another Members’ Forum Webinar! XBRL International is happy to announce “Navigating the IFRS Taxonomy,” a webinar with special guests Rita Clijmans and Aishat Akinwale from the IFRS Foundation. Rita Clijmans, Senior Technical Manager IFRS Taxonomy and Aishat Akinwale, Technical Manager will present the general design principles of the IFRS Taxonomy as well as digging deeper […]
The European Banking Authority (EBA) has now published amendments to a range of its Implementing Technical Standards (ITSs), Data Point Model, XBRL taxonomy and a release of a new ITS on reporting for resolution plans. These amendments aim to synchronise reporting requirements with the changes to the regulatory framework and help meet the evolving risk […]
Inline XBRL, or iXBRL, brings together human-readable and computer-readable reports into a single document. Doing so sometimes highlights the conflict between the human need for readability, and a desire for consistent and complete structured data. A good example of this is reports that provide the same figure several times at differing precisions. For example, revenue […]
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
