News

News Item

2013EDINETHMRCTaxonomyXII News

XII Publishes Quality Control Process for Taxonomy Development

By admin on June 28, 2013

The XBRL International Best Practice Board has released a taxonomy_quality_control document highlighting three key contributing factors which influence the Quality in an XBRL Taxonomy, including: Project Governance Structure Iterative Processes for Taxonomy Development, Test and Review; and Skilled Resources in areas such as domain and XBRL technology experts. Architectural issues at the design stage, internal and external […]

News Item

AfricaIntegrated ReportingSouth Africa

South Africa – Update on Integrated Reporting

By admin on June 26, 2013

Read a series of articles from South Africa’s Business Day Live on the state of Integrated Reporting in that country, including XBRL, the use of which Tiani Annandale, senior consultant at Cortell Corporate Performance Management, sees as essential for any multi-national in South Africa. Read the Articles. http://www.istockphoto.com/photo/two-businessmen-shaking-hands-with-flag-of-south-africa-38225294?st=bf8fcdf

News Item

2013Integrated ReportingXII News

XII Response to the IIRC Integrated Reporting Framework

By admin on June 15, 2013

The XBRL International Best Practices Board (BPB) has coordinated and prepared comments on the Integrated Reporting Framework Consultation Draft (CD). Read the XII IIRC Response. The Framework provides businesses for a way to report how an organization’s strategy, governance, performance and prospects lead to the creation of value over the short, medium and long term. http://www.istockphoto.com/photo/close-up-of-financial-graph-25879786?st=887cb4c

News Item

IASB Launches XBRL Industry Practice Project

By admin on June 10, 2013

The IASB XBRL team is re-establishing a project to examine and develop common industry practice concepts for the IFRS taxonomy. The team is looking to work directly with companies representing a variety of industries and regions in order to increase comparability, decrease the number of XBRL extensions, and reduce the burden on preparers. The process […]

News Item

GCCMandate

UAE Update – SCA Board Approves Regulation for Rights Issue

By admin on June 9, 2013

The board of directors of Securities and Commodities Authority (SCA) has approved a draft regulation for trading in capital increase issue rights. The approval, which came during a board meeting, held at the SCA’s Dubai headquarters and presided over by the board chairman, H.E Sultan bin Saeed Al-Mansoori, Minister of Economy, was part of the […]

News Item

FilingIndiaInsurance

ICAI Releases Exposure Draft of Taxonomy Template for Life and General Insurance Companies

By admin on May 30, 2013

For the purpose of development of taxonomy, insurance specific elements were identified and compiled as per the requirements of Insurance Act, circulars and regulations issued by the IRDA and various other statutory requirements and certain common practice elements based on annual reports of Insurance companies. Since the schedules for presentation of financial statements, laid down […]

News Item

2013AsiaXII News

XBRL Asia (Asian-Oceanian) Roundtable Joint Statement

By admin on May 23, 2013

The 4th XBRL Asia Roundtable was held in Suzhou during which cooperation and coordination of XBRL in the region was discussed and the establishment of an organization, XBRL Asia (tentatively named), was proposed. The proposal was jointly supported by XBRL Australia, China, India, Japan, Korea and Singapore.

News Item

Europe

EU Member States Accept Amendments to Harmonisation Directive

By admin on May 23, 2013

EU Member States have accepted the amendments to the Directive on the Harmonisation of Transparency for listed securities requiring “A harmonised electronic format for reporting” and the specification of an “electronic reporting format, with due reference to current and future technological options, such as eXtensible Business Reporting Language (XBRL).” Read the full text. http://www.istockphoto.com/photo/glass-sphere-euro-one-6345250?st=9c3cbc3

News Item

Opinion – Basel III Overview

By admin on May 10, 2013

On 16 April 2013, an official communiqué from the European Parliament indicated that the Capital Requirements Regulation (CRR) and a fourth edition of the Capital Requirements Directive (CRD IV) had been passed. The new set of rules, which are commonly referred to as the CRD IV Package will write into EU law the international Basel III guidelines for the level of financial reserves […]

News Item

DATA ActOpen DataUnited States

Executive Order — Making Open and Machine Readable the New Default for Government Information

By admin on May 9, 2013

US President Barack Obama issued an Executive Order setting forth principles and requirements for making US Government data open and machine-readable, including that “To promote continued job growth, Government efficiency, and the social good that can be gained from opening Government data to the public, the default state of new and modernized Government information resources […]

Latest News

XII Publishes Quality Control Process for Taxonomy Development

South Africa – Update on Integrated Reporting

XII Response to the IIRC Integrated Reporting Framework

IASB Launches XBRL Industry Practice Project

UAE Update – SCA Board Approves Regulation for Rights Issue

ICAI Releases Exposure Draft of Taxonomy Template for Life and General Insurance Companies

XBRL Asia (Asian-Oceanian) Roundtable Joint Statement

EU Member States Accept Amendments to Harmonisation Directive

Opinion – Basel III Overview

Executive Order — Making Open and Machine Readable the New Default for Government Information

Consultations

Open Consultations

Upcoming Events

News

Latest News

Consultations

Open Consultations

Upcoming Events

Would you liketo learn more?

Would you like
to learn more?