Our view is that minimising constraints within filing manuals and maximising the use of taxonomies for standardising the filing process leads to enhanced interoperability. What’s yours?
XII’s Best Practices Board is examining and classifying filing rules on a global basis to produce guidance and standardisation.
The Ministry of Commerce and Industry (MCI) in Saudi Arabia has launched “Qawaem”, a new XBRL-based electronic reporting platform for the submission of consolidated financial statements by commercial entities in the Kingdom.
A recently completed pilot program conducted by the Netherlands Institute of Chartered Accountants tested the use of digitally signed auditor’s reports.
The Financial Accounting Standards Board (FASB) will hold a forum to discuss financial disclosures on December 1, 2014. Pace University will be hosting the event at the Schimmel Center in New York City. The forum is designed to provide an opportunity to engage in a constructive dialogue regarding the current state of financial disclosure and […]
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 […]
A Financial Executive Research Foundation study points to more in-house application of XBRL. 2012 Survey Highlights include: Companies across the board expect to take greater responsibility for their XBRL filings, with the percentage of respondents not planning to outsource XBRL at all over the next year increasing and the respondents planning to use full outsourcing over […]