Is the UK ready to implement the Inline XBRL-based European Single Electronic Format (ESEF)? What has the experience of filers been like so far, and what further support is needed? If you have thoughts, the UK Financial Reporting Council (FRC) wants to hear them!
This is part of a series on common errors and pitfalls in ESEF filings, observed in our analysis of hundreds of reports collected in our repository, at filings.xbrl.org. For the series introduction, start here. Often the same fact is reported multiple times in different sections of a report. Tagging all the occurrences of a fact […]
What does an ESEF report look like, and how can you browse and compare them? What are the advantages of using Inline XBRL? What are the common errors to avoid?
Accompanying the launch of filings.xbrl.org, we bring you a new blog series from Revathy Ramanan, XBRL International’s Guidance Manager, on ‘ESEF Errors and Common Pitfalls.’ She has analysed many of the filings we have gathered – and the validation errors and warnings they generate – to start to understand where and how problems are occurring.
This is part of a series on common errors and pitfalls in ESEF filings, observed in our analysis of hundreds of reports collected in our repository, at filings.xbrl.org. For the series introduction, start here. Tagging values with the wrong sign – negative rather than positive, or vice versa – is a common and potentially serious […]
Issuers across EU-regulated markets and in the UK have filed their first financial statements in European Single Electronic Format (ESEF), which in essence is an Inline XBRL report. We anticipate that ESEF will make European reporting data more consistent, comparable, and ultimately useful. It was encouraging to see many issuers voluntarily submitting ESEF filings in […]
There is, as yet, no easy way to find European Single Electronic Format (ESEF) submissions and the valuable information they contain – although progress towards the European Single Access Portal (ESAP) is likely to change that over time. So XBRL US has started a collection point of its own to help data consumers access the filings.
Interested in the European Single Electronic Format (ESEF)? If so, you’ll want to keep 27-29 April free. XBRL Europe, in collaboration with some of the European XBRL jurisdictions, is organising a series of short online events dubbed the ‘27th XBRL Europe digital week on ESEF.’
All 154 submissions to the European Commission consultation on the establishment of a European Single Access Point (ESAP) are now available to download, and we’re pleased to see a strong positive response in favour of using XBRL.
The latest Eurofiling event, themed ‘ESEF today, ESG tomorrow,’ shared experiences of the European Single Electronic Format (ESEF) and looked ahead to the future of reporting in Europe: digital, comparable and wide in scope.
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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.
