Filers based in the UK should be aware of a recent update from HM Revenue & Customs (HMRC) indicating that due to a technical problem, HMRC are unable to accept accounts tagged with the Financial Reporting Council 2022 Taxonomy.
On October 9 the UK’s HMRC updated their guidance on the taxonomies they accept for company tax returns.
The UK’s Financial Reporting Council, in conjunction with the Charities Commission, has released an XBRL taxonomy to tag charity accounts for electronic filing and for other analytical purposes. Both the business registrar, Companies House, and HM Revenue and Customs (HMRC) are updating their systems this month to accept company filings from registered charities that have been […]
XBRL Canada shared an update on their recent seminar held in conjunction with The Chartered Professional Accountants of Canada (CPA Canada). The day-long event in Ottawa educated stakeholders in that country on the benefits of Standard Business Reporting, with presentations from local and international speakers. The seminar was attended by some 50 people, mostly from the […]
The XBRL International Best Practice Board has released a taxonomy_quality_control document highlighting three key contributing factors which influence the Quality in an XBRL Taxonomy, including: Project Governance Structure Iterative Processes for Taxonomy Development, Test and Review; and Skilled Resources in areas such as domain and XBRL technology experts. Architectural issues at the design stage, internal and external […]