EC and Inline XBRL
Right at the end of 2018 the European Commission endorsed the technical standards (RTS) requiring Inline XBRL filings for IFRS annual reports for public companies from 2020.
Items tagged with "ESEF"
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Green Light for EU public company digital reports!
Just in time for the end of the year, the European Commission this week endorsed technical standards requiring Inline XBRL filings for IFRS annual reports for public companies. The RTS that has been transmitted to the European Council and European Parliament includes a complete translation of the IFRS taxonomy into all 23 official languages used […]
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Moving Inline XBRL Beyond a Compliance Function
The importance of easy data consumption was a key theme at Data Amplified this year. There has been a focus on making sure XBRL data fits the requirements of regulators but many speakers recognised the importance of data consumption – easy access to structured data creates increased visibility and usability for new users.
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ESMA Release ESEF Video Tutorial
With the 2020 switch to European Single Electronic Format (ESEF) fast approaching the European Securities and Markets Authority (ESMA) have released the first in a series of tutorial videos designed to guide relevant market participants through the new requirements.
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XBRL Sweden Conference Presentations Available
Our colleagues at XBRL Sweden held their annual conference on October 4 – congratulations on a successful and enlightening day! If you couldn’t make it, the presentations from the conference are now available to download on their website.
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ESEF Conference
On Thursday 4 October XBRL Sweden will hold its annual conference, this year focusing on the electronic submission of financial reports to ESMA, which will become mandatory for listed companies in the EU from the end of 2020.
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Transformation of Digital Reporting – the Role of XBRL
“XBRL should be on everyone’s radar.” So says Ken Krupa, CTO of MarkLogic, a privately held “unicorn” big data analytics firm in a blog post this week. “Corporate reporting cannot remain primarily a paper-based* exercise in a digital age. As annual reports are a key part of any company’s understanding of its financial situation, moving […]
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More from Warsaw: ESEF and Assurance
At last week’s Warsaw meeting of the European XBRL community, Jon Rowden from PwC gave a talk on assurance and ESEF. To recap, once mandatory inline XBRL filings are being prepared by public companies in the EU, there is a need for independent review to help ensure that users (especially investors) can rely on them. Rowden reassured […]
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Public Company Filing in Europe
The Eurofiling/XBRL Europe meeting in Warsaw last week provided updates from ESMA, the European Securities Markets Authority about ESEF. What is ESEF? The European Single Electronic Format – aka – Inline XBRL. The shift towards digital reporting for public companies across Europe is underway. ESEF kicks in for Annual Financial Reports prepared under IFRS for […]
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XBRL Week in Warsaw
Next week the European XBRL community will converge on Warsaw to meet at the XBRL Europe/Eurofiling conference. Prior to the conference getting underway ESMA will host a “Meet the Market” discussion about the ESEF mandate. At the conference there will be an update from the European Commission’s EFTG project – a distributed index of corporate […]
