The US House of Representative’s Committee on Oversight and Government Reform held a hearing with testimony from elected and government official on how the DATA Act will impact government spending.
A guest editorial in The Age newspaper details red tape reduction efforts that will be of particular benefit to small and medium sized businesses. In addition to reducing tax filing requirements outright for almost 500.000 businesses, the article stresses the efforts of the Australian government’s use of Standard Business Reporting to reduce paperwork burdens, freeing […]
Securities and Exchange Commission Chair Mary Jo White has made strong statements to a Congressional Committee, reiterating that agency’s commitment to structured data and electronic reporting.
A recently completed pilot program conducted by the Netherlands Institute of Chartered Accountants tested the use of digitally signed auditor’s reports.
XII is gathering market feedback from the global community in order to better understand how normative guidance can be prioritized to best meet the needs of stakeholders.
The Standardization Administration of China (SAC) has submitted a proposal to ISO for a new international standard focusing on requirements for audit data collection. The aim is to address common issues, improve data accessibility and transparency, standardize collection and avoid duplicated efforts. The importance of this action and its obvious ties to our mission to […]
XBRL International is pleased to welcome the following new members to the Board of Directors, elected by the XII Member Assembly following its 5 November 2014 general meeting. Board members provide strategic direction and guidance to the staff and volunteers, along with financial oversight and governance of the XBRL consortium. Leng Bing (Jurisdiction Representative – XBRL […]
Erhvervsstyrelsen, the Danish Business Authority, has released the final Danish GAAP Taxonomy for use by listed companies in their yearly accounts reporting. Following a positive trend we are seeing in the US, the UK, China and elsewhere, XBRL Denmark indicates that there are plans to make this information freely available to the public directly from the XBRL […]
The IFRS Foundation has published Interim Release 2 to the IFRS Taxonomy 2014, updated to include IFRS 15 Revenue from Contracts with Customers, which was published by the IASB on 28 May 2014, and Common Practice (transport and pharmaceuticals). Learn more.
A recent briefing note shares some additional details on the proposed disclosure mandate for extractive firms in Canada. As reported last week it is anticipated that either a common reporting template will ultimately be developed for use in Canada, the European Union and the United State, or reporting for one of those Jurisdictions may also suffice in […]
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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.
