The International Standards Organisation proclaimed 14 October “World Standards Day” as a way to “pay tribute to the thousands of men and women all over the world who develop voluntary standards for the advancement and welfare of societies”. So let us take this opportunity to thank the many volunteers in the XBRL consortium who are […]
Investors don’t want paper according to research by the University of Leipzig in Germany, with 96 percent of investors basing their investment decisions on information they find online (we assume the other 4% are using a dart board). And governments around the world are right behind them. According to Grant Hehir, Auditor-General of New South Wales, […]
An opinion piece in Government Technology Magazine advocates for using open standards as the best way for local and national governments to implement open data initiatives. The benefits cited include reducing “the cost of developing and maintaining the data, and can increase the data’s value by making it more widely used” along with creating “opportunities […]
Dutch banking giant ING has announced that from 1 January 2015 it will offer discounts on loan and credit applications for SME customers in the Netherlands who provide XBRL versions of financial statements through the Dutch SBR platform.
An Interagency Task Force meeting was held at the Central Bank of the Russian Federation to outline strategies for direct paperless information exchange, IFRS and the introduction of XBRL.
Data Transparency 2014 brought together policymakers and subject matter experts with agency leaders, civil-society advocates, and tech-sector innovators who are working to create a culture of open data in the US Federal Government. Mark Flannery, the SEC’s new Chief Economist, touched extensively on XBRL in his remarks highlighting data quality. He also affirmed that “SEC staff are committed […]
The XBRL Logo Looks Different! – Our previous logo was due for a little updating and modernisation. The new logo reflects the current reality – XBRL is an important standard that now supports almost every form of reporting imaginable, all over the world. We are a vital part of the global shift to data-centric reporting that provides […]
Welcome to the new XBRL International website – and a logo refresh for XBRL to go along with it.The new website aims to ensure people can quickly find out what they want and need to know about XBRL. This site will be an important focal point for a global community dedicated to the improvement of business reporting everywhere. A […]
Irish Tax and Customs announced the launch of Phase Two of its iXBRL mandate for Corporate Tax filings. Phase Two moves beyond “Large Case” filers and covers Corporation Tax returns submitted on or after 1st Oct 2014 for accounting periods ending on or after 31st Dec 2013. The mandate still excludes companies where assets do not exceed €4.4 […]
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
