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Turkey Launches XBRL Based Public Disclosure System

June 17, 2016

Turkey has officially launched its updated Public Disclosure Platform (known by its Turkish acronym KAP) for the filing of IFRS based financial statements and other material facts by listed companies on the Borsa Istanbul stock exchange to the Capital Markets Board.

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New XBRL EU Leadership Elected

June 10, 2016

The Executive Committee of XBRL Europe has elected a new Chair and 2 vice chairs. Congratulations to new Chair Bruno Tesnière, and to Paul Snijders and Hans Buysse for their selection as Vice Chairs.  Sincere thanks to outgoing Chair Marc Hemmerling from XBRL Luxembourg and outgoing Vice Chair Camille Dumm from XBRL Belgium for their time and […]

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Welcome New Consortium Members

June 10, 2016

The Amman Stock Exchange and the Jordan Securities Commission have joined the XBRL consortium.

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XII Forms Joint Working Group with GLEIF to Tackle Legal Identity in XBRL

June 10, 2016

XII, in cooperation with the Global Legal Entity Identifier Foundation (GLEIF), is forming a working group to examine and make concrete recommendations about the consistent use of Legal Entity Identifiers (LEIs) within XBRL taxonomies and instance documents.

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IOSCO and IFRS Foundation Solidify Cooperation on Standards

June 9, 2016

This week the International Organization of Securities Commissions (IOSCO) and the IFRS Foundation announced a programme to promote and facilitate transparency within capital markets through the development and consistent application of IFRS Standards. The two organisations will work closely in the areas of identifying business reporting issues, encouraging the input by capital market authorities into the […]

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DQC Validation Rules Improve Accuracy

June 3, 2016

Efforts by the Data Quality Committee in the US are paying off . . . filing errors drop 64 percent.

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Open Government Data Takes a Small Step Forward in the US

May 27, 2016

A committee of the US Senate has advanced legislation mandating all public federal information in the US be presented in searchable formats and be made freely available for everyone to use.

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GRI Launches XBRL Based Digital Reporting Initiative

May 27, 2016

GRI’s Digital Reporting Alliance will seek to address underutilisation of sustainability data by promoting the reporting of that data using XBRL,

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Estonia Announces “Reporting 3.0”

May 27, 2016

The Tax and Customs Administration of Estonia has committed to automated filing of payroll and personnel information by 1 January 2018.

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Everything You Wanted to Know About the Status of IFRS

May 13, 2016

The IASB has published the latest version of its “Pocket Guide”, which is a comprehensive look at IFRS adoption around the world. It’s over 100 pages, so whether you will want to print it and carry it around in your pocket is of some debate, but it is without doubt a highly detailed and useful […]

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