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New processing software certified

March 29, 2024

We’re delighted to announce that Accept Development’s validating processor software Accept XBRL Validator has passed the strict tests needed to be certified as XBRL Certified Software.

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ESRS taxonomy webinar engages XBRL members

March 29, 2024

This week XBRL International hosted an informative webinar for members, focusing on the draft ESRS taxonomy consultation. The event drew active participation from members keen to delve into the intricacies of ESRS reporting obligations.

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EBA updates ITS validation rules

March 29, 2024

The European Banking Authority (EBA) has released a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting.

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EFRAG FR TEG announces new composition

March 29, 2024

The EFRAG Financial Reporting Technical Expert Group (EFRAG FR TEG) has finalised its composition for the upcoming term. The group welcomes three new members: Andrea Lionzo, An Lommers, and Peter Ujvari.

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ECB and EBA collaborate to streamline banking data reporting

March 22, 2024

The European Central Bank (ECB) and the European Banking Authority (EBA) have recently teamed up to establish the Joint Bank Reporting Committee (JBRC). This initiative aims to enhance efficiency and reduce costs in the banking industry’s data reporting processes.

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Improving acquisition reporting: IASB’s latest move

March 22, 2024

In a bid to enhance transparency in acquisition reporting, the International Accounting Standards Board (IASB) has proposed new amendments. The Board published an Exposure Draft last week, aiming to provide investors with better insights into companies’ acquisition strategies and post-acquisition performance.

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SEC releases EDGAR guide: A comprehensive resource for XBRL filers

March 22, 2024

In line with the recent updates to XBRL taxonomies and the EDGAR system, the Securities and Exchange Commission (SEC) has published the EDGAR XBRL Guide.

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Unlocking economic potential with XBRL

March 22, 2024

For a quick refresh on the transformative power of XBRL and the need for open data, it’s worth taking a look at a recent video from Rachel Carpenter, CEO of Intrinio. Carpenter highlights the staggering potential cost savings of structured financial data with XBRL.

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SEC accepts 2024 GAAP and SEC reporting taxonomies

March 22, 2024

The US Securities and Exchange Commission (SEC) has green-lit the 2024 GAAP Financial Reporting Taxonomy (GRT) and the 2024 SEC Reporting Taxonomy (SRT), collectively known as the “GAAP Taxonomy.”

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SEC 2024 XBRL taxonomies update

March 22, 2024

On 18 March the US Securities and Exchange Commission (SEC) Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system underwent an upgrade to Release 24.1, now supporting the 2024 taxonomies.

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