SEC Proposed 2018 Reporting Taxonomy
The SEC has now announced its preliminary 2018 reporting taxonomy following a formal public review of the proposal.
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Au Revoir Paris and See You Soon!
Last week saw regulators, accountants, business reporting professionals and technologists from around the world gather in Paris for Data Amplified, the annual conference presented by XBRL International. Here’s a brief update on the conference and developments around the world, slightly delayed by last week’s exertions. Thank you! We were delighted with the attendance, the quality of […]
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New Rules & Guidance from the XBRL US Data Quality Committee
This year’s Data Amplified conference did not stop our colleagues from the XBRL US Data Quality Committee (DQC) from keeping busy, having announced the finalisation of a new guidance document for tagging – the Statement of Cash Flow Guidance. Joining this publication are two new automated rulesets designed to help US issuers in the preparation […]
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Who is Who by GLEIF
As of November 1st, 2017, the ‘Level 1 LEI-CDF Version 2.1 Concatenated File’ is now the authoritative source for business identification Level 1 data. Level 1 data refers to business card LEI reference information designed to identify ‘who is who’, including the name of the legal entity in question and its registered address. The GLEIF […]
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Russia: Final Stage of Transition to New Reporting Format for Non-Bank Financial Institutions
The Bank of Russia’s XBRL final taxonomy of accounting (financial), supervisory and statistical reports for Non-Credit Financial Institutions (NFIs) has been now been published. A wide array of institutions will be obliged to use XBRL to file reports to the Bank from early 2018 onwards, including insurance firms and pension funds. The preliminary XBRL taxonomy […]
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First Certified XBRL Software Announced
Last Monday the first 11 software packages to receive certification from XBRL International were announced. XBRL software certification makes it easier for everyone involved in 21st century corporate, regulatory and enterprise reporting to ensure that information that is prepared in one place can be accurately and seamlessly consumed in another. XBRL International certification builds confidence […]
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Revenues Surge in the Australian Fintech Sector
Australia is currently experiencing a boom in its fintech industry. Over the past 12 months, the median revenue of the sector has tripled, highlighting the impact that startup fintech firms are having on the traditional financial services sector. An EY run Fintech Census included over 166 fintech companies, finding the 200% annual median revenue jump, […]
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XBRL International announces first XBRL Certified Software™
At the opening of its annual Data Amplified conference on the future of business reporting, XBRL International, Inc. announced the first software applications to achieve XBRL Certified Software™. status.
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Data Amplified 2017
You want to be part of the key conversations that will shape business reporting going forward. You want to hear about the convergence of new technologies and XBRL. You want to apply standardisation to make regulatory, financial, compliance, ESG and enterprise reporting work in a digital age. You belong at Data Amplified. Just around the […]
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Investors to Regulator: Digital Financial Statements should be subject to audit
At the Public Company Oversight Board (PCAOB) Investor Advisory Group meeting in Washington DC this week, a presentation by IAG member (and XBRL International Board Member) Bob Tarola described the importance of ensuring that digital financial statements in Inline XBRL are subjected to external review. The public meeting, attended by SEC Chairman Jay Clayton, the PCAOB […]
