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XBRL International welcomes Workiva as its newest Sustaining Partner!

By Editor on September 15, 2017

The Sustaining Partnership program is a very tangible way that members can contribute to XBRL’s goals to improve business reporting, worldwide. Sustaining Partnerships are a special category of membership over a minimum three year period. XBRL International CEO John Turner said “We are delighted to announce that Workiva is one of the first wave of […]

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Investor Forum being run by XBRL US

By Editor on September 15, 2017

This half-day forum provides practical information about where you can get structured data on US and non-US companies, on who’s using this data today, and a step-by-step discussion on how to get started using XBRL data. Hosted by Baruch College’s Zicklin School of Business in New York, NY. The program is being developed by XBRL […]

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SBR expands northward

By Editor on September 15, 2017

A new regional collaboration to investigate and implement Standard Business Reporting has been launched in the Nordics. Dubbed Nordic Smart Government, it aims to transform the way that data is collected and used between business and government as well as business to business. Initial efforts call for: A refined Business Case, starting by estimating B2B benefits […]

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Machines vs Branches

By Editor on September 15, 2017

According to the European Banking Federation, 9000 bank branches closed across Europe last year. It seems that given the choice between lining up at a branch, or banking through internet, app or ATM… the customers have spoken. It’s a stark example of the impact of digitisation. Where are the next changes going to happen? Are […]

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Data Amplified 2017

By Editor on September 8, 2017

Recess is over! Time to focus on the future of business reporting. It’s September and in the Northern hemisphere the temperatures are beginning to cool down and people are back at work. With financial regulators working to improve the way they analyse data collected from regulated firms, and securities regulators, exchanges, business registrars and corporates all focussed on […]

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Integrate to control costs

By Editor on September 8, 2017

Don’t miss this week’s guest post from CFA Institute Director, Financial Reporting Standards, Mohini Singh. Her post this week summarises a new position paper entitled “The Cost of Structured Data: Myth vs Reality”.

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Invitation for review and comment on 2018 GAAP Financial Reporting Taxonomy and Shared Reporting Taxonomy

By Editor on September 8, 2017

The FASB has released the proposed 2018 GAAP Financial Reporting Taxonomy, and new for 2018, the proposed 2018 Shared Reporting Taxonomy (SRT) for public review and comment. FASB’s taxonomies are used by public companies in the US to prepare financial statements for filing to the SEC. The new shared taxonomy is designed to allow US […]

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Improved Specification

By Editor on September 8, 2017

The XBRL Standards Board has approved the publication of Extensible Enumerations 2.0 as a Public Working Draft. Extensible Enumerations allow taxonomies to define concepts that must take their value from a list of prescribed values. Extensible Enumerations provides benefits found in other XBRL features, including multi-lingual labeling, modification of the allowed values by extension taxonomies, […]

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Keeping up with the Pace of Development – A Governmental Perspective

By Editor on September 8, 2017

According to an item in ZDNet magazine, the Australian Tax Office (the “ATO”) is faced with a range of challenges associated with the resilience and stability of their systems as the tax authority moves to embrace a much more connected world. The ATO has been home to a raft of innovations (not least their SBR program […]

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CIPCSouth Africa

1st July 2018 mandate for South Africa

By Editor on September 8, 2017

The Companies and Intellectual Property Commission (CIPC) in South Africa will, as expected, mandate the use of Inline XBRL-based reporting for all qualifying entities from 1 July 2018. The CIPC aims to ensure that South African companies can comply with their reporting obligations while at the same time reducing the burden that these requirements create. Embedding […]

Latest News

XBRL International welcomes Workiva as its newest Sustaining Partner!

Investor Forum being run by XBRL US

SBR expands northward

Machines vs Branches

Data Amplified 2017

Integrate to control costs

Invitation for review and comment on 2018 GAAP Financial Reporting Taxonomy and Shared Reporting Taxonomy

Improved Specification

Keeping up with the Pace of Development – A Governmental Perspective

1st July 2018 mandate for South Africa

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