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IASB Update

January 15, 2016

The IASB has released minutes from the latest  IFRS Taxonomy Consultative Group conference call. Topics included upcoming and current ITCG reviews, the IFRS Taxonomy deprecation schema, and the management of entity-specific disclosures. Note that it is likely that publication of the annual IFRS Taxonomy 2016 will be delayed until April of this year due to this […]

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XBRL Data in Different Formats Using the Open Information Model

January 15, 2016

The XSB has released the first Public Working Draft (PWD) of the OIM, along with a PWD of xBRL-JSON, a standard JSON representation of an XBRL report, providing new flexibility to regulators, data providers and other structured data publishers.

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Welcome Accounting Research and Development Foundation

December 11, 2015

The Accounting Research and Development Foundation (ARDF) of Chinese Taipei is the newest member of the XBRL consortium

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Duplicates in XBRL Working Group Note

December 11, 2015

A new Working Group note provides information on how and when duplicates can occur and guidance on how to tackle them in different kinds of projects.

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Call for implementations and comments – Streaming Extensions

December 11, 2015

The XSB is issuing a call for implementations and is holding a six week comment period though 20 January 2016.

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Taxonomy Packages Moves to Proposed Recommendation

December 11, 2015

The Taxonomy Packages specification is open for comment until 20 January2016.

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IFRS Taxonomy Update

December 7, 2015

An updated IFRS Taxonomy for SMEs has been released

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New Mandate in the Netherlands

November 29, 2015

The Dutch parliament moved on Thursday this week to mandate electronic filing of financial accounts to the Chamber of Commerce (the national business registrar). The legislation phases in XBRL reporting as part of the Dutch SBR program.

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Assertions Severity 1.0 Approved to Proposed Recommendation

November 29, 2015

*Updated* The XBRL Standards Board has promoted the Assertions Severity 1.0 specification to Proposed Recommendation, meaning that sufficient implementation experience has been gathered and it is believed that no additional development is necessary.

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Video Interview – XBRL Empowering the Business Person in Brazil

November 20, 2015

In our interview with Bruno Simoes from the Brazil National Treasury, he gave an overview of the XBRL project there and details how using XBRL is improving government reporting though enhanced data transparency and accuracy. The true strength of XBRL he says is that “XBRL empowers the business person. You are no longer a rider in a car being […]

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