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Welcome New Consortium Members

June 10, 2016

The Amman Stock Exchange and the Jordan Securities Commission have joined the XBRL consortium.

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XII Forms Joint Working Group with GLEIF to Tackle Legal Identity in XBRL

June 10, 2016

XII, in cooperation with the Global Legal Entity Identifier Foundation (GLEIF), is forming a working group to examine and make concrete recommendations about the consistent use of Legal Entity Identifiers (LEIs) within XBRL taxonomies and instance documents.

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IOSCO and IFRS Foundation Solidify Cooperation on Standards

June 9, 2016

This week the International Organization of Securities Commissions (IOSCO) and the IFRS Foundation announced a programme to promote and facilitate transparency within capital markets through the development and consistent application of IFRS Standards. The two organisations will work closely in the areas of identifying business reporting issues, encouraging the input by capital market authorities into the […]

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DQC Validation Rules Improve Accuracy

June 3, 2016

Efforts by the Data Quality Committee in the US are paying off . . . filing errors drop 64 percent.

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Open Government Data Takes a Small Step Forward in the US

May 27, 2016

A committee of the US Senate has advanced legislation mandating all public federal information in the US be presented in searchable formats and be made freely available for everyone to use.

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GRI Launches XBRL Based Digital Reporting Initiative

May 27, 2016

GRI’s Digital Reporting Alliance will seek to address underutilisation of sustainability data by promoting the reporting of that data using XBRL,

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Estonia Announces “Reporting 3.0”

May 27, 2016

The Tax and Customs Administration of Estonia has committed to automated filing of payroll and personnel information by 1 January 2018.

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Everything You Wanted to Know About the Status of IFRS

May 13, 2016

The IASB has published the latest version of its “Pocket Guide”, which is a comprehensive look at IFRS adoption around the world. It’s over 100 pages, so whether you will want to print it and carry it around in your pocket is of some debate, but it is without doubt a highly detailed and useful […]

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MEMBER NEWS
MEMBER ANNOUNCEMENT

BearingPoint wins the European IT & Software Excellence Awards 2016

May 11, 2016

BearingPoint’s ABACUS/DaVinci regulatory reporting solution has been awarded the “Enterprise Solution of the Year” for the successful implementation at Santander. Ranking among the leading providers of regulatory technology (RegTech), management and technology consultancy BearingPoint has won IT Europa’s “Enterprise Solution of the Year” at the 2016 European IT & Software Excellence Awards. This award category recognizes […]

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US Treasury Schema Published

May 6, 2016

After a year of revisions and “hundreds” of comments, the US Treasury has released a near final version of its schema outlining data definition standards to be used by federal agencies in reporting spending under the DATA Act. The DATA Act Information Model Schema (DAIMS) v1.0 gives an overall view of the hundreds of distinct data elements […]

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