EU Parliment Press Release: From 1 January 2014, EU banks will be stronger. Changes voted by Parliament on Tuesday will cap banker’s bonuses to curb speculative risk-taking, step up capital provisions to help banks cope better with crises and stiffen supervision. This EU banking reform package, the most comprehensive so far, should also spur growth, […]
Citi, The Depository Trust & Clearing Corporation (DTCC) and XBRL US today announced that Citi has begun sending XBRL-formatted dividend announcements related to ADRs for which it is the depositary bank to DTCC through The Depository Trust Company (DTC), a DTCC subsidiary. These announcements are used to update the DTCC database, consolidate corresponding information and […]
http://www.istockphoto.com/photo/strategy-on-blackboard-27242128?st=99ca525 XBRL International is pleased to announce two new additions to its Board of Directors. The candidates were elected by the XII Member Assembly at its meeting in Dublin, Ireland.
ACORD and XBRL International, in collaboration with BR-AG (Business Reporting Advisory Group), today released a discussion paper examining touch points between the XBRL Solvency II taxonomy and ACORD’s Global Reinsurance and Large Commercial (GRLC) standards. The paper’s release was announced jointly by BR-AG’s CEO Michal Piechocki and ACORD’s Chief Industry and Government Affairs Officer, Ann […]
The IS-FESG Taxonomy, by the Spanish Association of Accounting and Business Administration, provides technological support for the generation, transmission and processing of Reports on the activities for all types of entity using the Integrated Scoreboard of Financial, Environmental, Social and Corporate Governance indicators. http://www.istockphoto.com/photo/sevilla-city-square-and-banco-credito-de-espanol-19275242?st=d793b61
XBRL International is pleased to announce that the XBRL Standards Board, at the request of the XBRL Versioning Working Group, has approved as Recommendation (REC) the Versioning Specifications including Base, Concept Use, Concept Details, and Dimensions. XBRL International would like to thank the members of the working group who have worked so diligently to bring […]
Sector3 was awarded first place in the 2013 XBRL Challenge at the annual XBRL and Financial Analysis Conference, NYC. Read the Sector3 entry. http://www.istockphoto.com/photo/finances-13921029?st=f09a999
In an editorial, The Economic Times calls on India to move more quickly towards implementation of IRFS, and that further use of XBRL should be encouraged to “avoid ambiguity and achieve greater transparency”. The editorial goes on to say that “Reform in financial reporting is overdue, and the government must go the whole hog”.
The FASB has added three additional implementation guides to its XBRL Series: Insurance – Concentration of Credit Risk Disclosures; Insurance – Reinsurance Related Disclosures; and Segment Reporting. The guides are designed to help users of the U.S. GAAP Financial Reporting Taxonomy understand how certain disclosures are structured within the Taxonomy. All guides are available at www.fasb.org. http://www.istockphoto.com/photo/business-team-drawing-a-new-project-38668322?st=2321bff
The Dutch SBR program has posted a new “technical starter’s guide” to XBRL, aimed specifically at software developers who intend to implement SBR/XBRL in their software but do not know where to start.
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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.
