The Netherlands SBR Program has published the first beta version (9.0.b.1) the 2015 SBR Taxonomy 2015. Along with the addition of inheritance tax declarations, a highlight of the new taxonomy is a simplification of the interface for filing statistical information. The SBR effort in the Netherlands continues to show the way forward in terms of cross […]
The New York Law Journal has an interesting take on efforts by the the SEC’s Division of Corporation Finance to review disclosure regulations S-K and S-X. While the Journal posits that the prospects for true reform are “minimal” the article does highlight the opportunities presented by technology. It describes the way that improvements to EDGAR […]
Following the lead of the EU and the US, the Canadian government has introduced legislation to implement new mandatory reporting standards for extractive (e.g. oil and mining) companies for the disclosures of payments to foreign and domestic governments at all levels.To reduce regulatory burdens, the intention is for reporting requirements to be uniform with EU and […]
Additional multi-lingual capability added to XBRL At its 29 October meeting, the XII Board of Directors approved the promotion of the Extensible Enumerations 1.0 specification to Recommendation Status, meaning the spec is stable and considered suitable for broad adoption and implementation.The Extensible Enumerations specification helps regulators and filers that need to customise structured data definitions. It allows the […]
The deadline for response to the European Commission’s public consultation on Regulation 1606/2002 (“the IAS Regulation”) is due Friday, 31 October. Click here to read the consultation document. The IFRS Foundation response is available here. [pdf]
The Bank of England’s Prudential Regulatory Authority recently held a seminar of insurance industry members on Solvency II, providing information on what firms need to do to prepare for transposition on 31 March 2015 and implementation on 1 January 2016. Topics included a full policy and implementation overview, modelling, technical information and more.
Following a two year testing period, an extension of the Italian GAAP Taxonomy to include Notes to financial statements has been completed. The initial version of the taxonomy will only cover information explicitly provided for in the Civil Code, with further integration with national accounting standards to come. The tagging of notes will come into effect […]
Urging the US Department of Commerce to explore leading a Standard Business Reporting (SBR) initiative in the US was among one of the more interesting findings in a report released by New York University’s GovLab this week. The report details recommendations from a roundtable held earlier this year that explored the potential of open data […]
Workiva has filed an S1 form with the US Securities and Exchange Commission in preparation for a proposed initial public offering on the New York Stock Exchange. Workiva (formerly Webfilings) is the company behind WDesk, a leading disclosure management and report management collaboration platform for SEC XBRL filings, among other things. Workiva is an XBRL US member. Read the […]
XBRL International has released its first “XBRL Taxonomy Guidance Document”, which links specific reporting goals to architecture design options and observed good practices.
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
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.
