The XBRL Standards Board has approved publication of a Public Working Draft of the new version of the Assertion Severity specification, and an accompanying requirements document, adding more flexibility to the rules that detect and highlight different levels of issues in XBRL reports.
The XBRL Standards Board has approved the publication of an update to the XBRL Formula Functions Registry. This update includes the addition of new draft functions to support the planned adoption of xBRL-CSV by a number of regulators around the world.
One of the most powerful features of XBRL is the ability to embed business validation rules into a taxonomy in the form of XBRL Formula Rules. By embedding validation rules, the taxonomy becomes a single, standardised mechanism for defining an XBRL reporting requirement, complete with translatable labels, datatype definitions, links to authoritative reference materials and […]
The XBRL International Standards Board has approved a draft of the Assertion Sets 2.0 specification, a modular extension to the XBRL Formula specification. XBRL Formula provides a powerful mechanism for embedding business validation rules in an XBRL taxonomy, helping to ensure data quality in reports. It is common that in a large taxonomy there will […]
*Updated* The XBRL Standards Board has promoted the Assertions Severity 1.0 specification to Proposed Recommendation, meaning that sufficient implementation experience has been gathered and it is believed that no additional development is necessary.