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Illustrative tagging for IFRS 17 Insurance Contracts

July 21, 2017

The IFRS Foundation has published illustrative tagging for the proposed IFRS Taxonomy Update IFRS Taxonomy 2017—IFRS 17 Insurance Contracts. The illustrative tagging shows how selected information from the Examples accompanying IFRS 17 could be tagged using the proposed IFRS Taxonomy Update. It is published in XBRL and iXBRL (inline XBRL) formats. You can download the […]

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Public Review of the DQC 5th RuleSet & Cash Flow Guidance

July 21, 2017

XBRL US has announced that the Data Quality Committee (DQC) has initiated a public review for the fifth set of freely available proposed rules in addition to a detailed guide on how to prepare XBRL-formatted cash flow statements that deliver quality financial information. A webinar will be held on August 2nd for a review of […]

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SEC

SEC Announce EDGAR Upgrade and Removal of Support for earlier versions

July 21, 2017

Staying with the US, on 17th July, the SEC upgraded the EDGAR system with the release of version 17.2. This latest version no longer provides support for the 2015 US GAAP financial reporting taxonomy, 2013 COUNTRY taxonomy, 2014 CURRENCY taxonomy, or the 2015 EXCH taxonomy. Please see the SEC website for a complete listing of currently […]

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Lots of Data? Need Quality and Comparability? xBRL-CSV is here

July 14, 2017

On 2nd May, the XBRL Standards Board approved a Public Working Draft of xBRL-CSV, a new standard for representing XBRL data using CSV.  At first glance, CSV might seem like a legacy technology, but it’s got a lot of things going for it.  Firstly, it’s simple.  In fact, it so simple that it’s supported just […]

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LEI continues to grow in importance

July 14, 2017

The Global Legal Entity Identifier Foundation (GLEIF) has recently published a list of current and proposed initiatives using the global LEI for regulatory reporting and supervision. Authorities in individual jurisdictions mandate the use of these increasingly important pieces of reference data. GLEIF is monitoring the initiatives and will continue to update this list regularly. At […]

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XBRL Roundtable as Part Of FRC’s Digital Future Project

July 14, 2017

In May, the UK’s Financial Reporting Council (FRC) Lab released a report on the first phase of the Digital Future Project. This set out a framework which will be important to embed into any future system for digitally enabled reporting. As part of the Lab’s Digital Future Project, a roundtable regarding XBRL will be held […]

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XBRL Software Certification Kicks Off

July 14, 2017

This week we are delighted to announce that the XBRL International Software Certification Programme has been launched. The certification framework has been designed to provide international assurance about the interoperability of software that produces or consumes XBRL of all kinds. Vendors that would like to be amongst the first to be able to announce that […]

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The Inline XBRL viewer by SEC

July 14, 2017

Still not sure what Inline XBRL is or why its important for securities regulators and business registrars, or indeed anyone that wants to produce a report unique to their organisation that can still be read broadly? Have a look at this short video from the SEC, which demonstrates just some of the capabilities of Inline XBRL, in […]

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XBRL Russia our newest permanent jurisdiction

July 7, 2017

We are pleased to announce that XBRL Russia was confirmed as a full jurisdiction of XBRL International at last Friday’s meeting of the Board of Directors. XBRL Russia is supporting the roll out of digital business reporting within the Russian Federation. It will concentrate on education and training of the financial sector, with some 17,000 non-bank […]

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South Africa’s Corporate Regulator seeks software vendors to add to panel

July 7, 2017

The South African regulator, the CIPC, continues to make progress on its XBRL programme. Having published a taxonomy in 2016, the project team has now run a road show in a number of cities, as well as via webinars, and has run a seminar for the top 100 companies listed on the Johannesburg Stock Exchange on […]

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