The XBRL Standards Board has promoted the Assertion Severity 1.0 specification to Candidate Recommendation status. What does that mean? As the name suggests this modular addition to the XBRL Formula Specifications very simply provides a way to attach different levels of severity to errors encountered when processing business rules. Now in addition to simple Pass and […]
The 2016 DRAFT US GAAP Taxonomy is available for comment. Deadline is 31 October.
SEC Commissioner Kara M. Stein spoke recently of the importance of structured data and the SEC’s anticipated implementation of Inline XBRL.
Welcome to the XBRL consortium’s newest member, the Securities Commission Malaysia (Suruhanjaya Sukuriti).
The XII Nominations Committee is seeking candidates
The IASB has just released Update 2 to the 2015 IFRS Taxonomy with proposed additions for entities engaged in Information Technology, Media, Chemicals and Utilities.
The European Institute of Public Administration has named Standard Business Reporting a “European Best Practice”. Learn how to make SBR work for you at Business Reporting 360°
XBRL International has created an Audit Data Collection (ISO) Task Force to act as a single point of communication between the XBRL community and the ISO during the ISO/PC 295 project
The SEC is proposing a rule requiring listed companies to report – in XBRL – when they require executive officers to pay back incentive-based compensation that they were awarded in error. These repayments, known as a “claw back” will come about In the event of a financial restatement. Executives will need to repay variable compensation previously paid […]
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