Taxonomy Registry API provides a mechanism for software to directly query the taxonomies in it. XBRL tools integrated with the registry via the API will make it easier for end users to find and work with XBRL taxonomies.
Interesting Point of View post from XBRL US’s Michelle Savage this week. Using the LEI not just for regulatory reporting but as a way for private sector firms to understand corporate relationships — and therefore risk — around the world is gaining traction. This is happening especially in Europe, but in Asia as well. In […]
OK… so this is getting a little bit meta… but bear with us. STOXX Ltd., the operator of Deutsche Börse Group’s index business is in the process of launching two competing indices that focus on the opportunity that Artificial Intelligence offers to investors. One index is created from a basket of securities that have been selected […]
The XBRL Standards Board has approved an update to the Data Types Registry (DTR), containing proposed new datatypes for use in XBRL taxonomies. The DTR is a registry of standardised data types, designed to promote consistency in taxonomies across different domains. In conjunction with the Units Registry, the DTR is used to ensure that XBRL […]
Major Aussie institution, the Commonwealth Bank of Australia (CBA) has recently unveiled an AI chatbot named Ceba. Available to customers of the CBA, this app-based bot not only provides advice, but can apparently handle over 200 banking tasks, so, it is claimed, can actually do some banking for its customers itself. After authorisation from the […]
Last week the XSB also approved an initial Public Working Draft of the Filing Indicators specification and taxonomy. Filing Indicators are an important feature in some reporting environments that allow preparers to indicate which reporting templates are included in a report. The XBRL International Filing Indicator initiative seeks to define a standard syntax for these indicators […]
The fifth annual International Accounting Standards Board (IASB) Research Forum will take place on the 11th and 12th of November 2018 in Sydney, Australia. The Forum will provide an opportunity for academic authors to present their papers to a mixed audience of academics and accountants, providing new insights into standard-setting and regulation developments, as well […]
FASB, the US accounting standards setter, published the 2018 GAAP Financial Reporting Taxonomy and the 2018 SEC Reporting Taxonomy (“SRT”), pending final acceptance by the regulator. The new SRT taxonomy incorporates a range of disclosures that aren’t dependent on the accounting framework being used, as well as certain reference data to allow both US GAAP […]
2018 sees the official launch of a lively set of topical webinars for XBRL International members and participants. Called the Members’ Forum, this new webinar series will include a host of useful information and provide opportunities for XBRL members to discuss and debate the latest topics in our field. XBRL International CEO John Turner will […]
The CFA Institute’s Mohini Singh suggests that we are only at the beginning of an important journey. The next step should include Inline XBRL Earnings Releases.
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