Following the European Commission’s decision that the XBRL mark-up within ESEF documents must be subject to audit, Germany’s Institute der Wirtschaftsprüfer (IDW), or Institute of Public Auditors, has published draft audit standards for ESEF.
As many jurisdictions and firms across Europe gear up to implement the European Single Electronic Format (ESEF), Accountancy Europe has brought key stakeholders together for a two-hour long webinar discussing preparations and implications.
Ann Tarca, who has been on the International Accounting Standards Board since 2017, provided some insights into the Foundation’s work and future plans around the IFRS Taxonomy during a recent interview with Toppan Merrill’s Dimensions.
Will the UK forge ahead with the European Single Electronic Format (ESEF) in January 2021, as originally planned? Or will the current consultation result in a delay, giving the country time to get its post-Brexit house in order?
When public companies across Europe begin filing annual financial reports in the digital, machine-readable ESEF format at the start of 2020, alongside introducing iXBRL tagging, they will also begin to embed their Legal Entity Identifier (LEI) within reports.
XBRL International has expanded its XBRL Software Certification™ programme to cover a new category of software. The programme now covers end-user software products that consume XBRL reports for review, analysis or audit purposes.
The XBRL Software Certification™ programme is being expanded to include a new category of software intended to cover end-user software products that consume XBRL reports for review, analysis or audit purposes. The new category is in addition to the existing categories for XBRL processors and XBRL report creation tools.
This week the European Securities and Markets Authority (ESMA) published an update to the ESEF Reporting Manual.
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have called for further standardisation of data and the use of digital entity identifiers in their responses to the European Commission’s consultation on a new EU Digital Finance Strategy.
This week we are pleased to announce that two new software tools have reached XBRL Certified Software status. Report creation software Amelkis XBRL by Amelkis and CtrlPrint XBRL by CtrlPrint have passed the rigorous tests that ensure the interoperability of all XBRL Certified Software products.