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Items tagged with "IFRS"

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IFRS Taxonomies Updates

The IFRS Taxonomy team published changes to the latest version of its taxonomy to incorporate changes to the IFRS 17 Insurance Contracts accounting standard. Full details (and the taxonomy) available on the IFRS web site. Check with local regulators to understand when the update can be used for national filing arrangements.

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IFRS publishes Preparer’s Guide

The IFRS taxonomy is used to create digital financial statements that conform to the International Financial Reporting Standards. The IFRS Foundation has now published the first version of a Preparer’s Guide to using this taxonomy.

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IFRS: Proposed Annual Improvements for 2017 Taxonomy

The IFRS Foundation has published proposals for updates to the IFRS taxonomy. Comments close on 29 January.

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Corsi di formazione

Highlights of IASB Chair’s Speech at the International Accounting Seminar in Brazil

IASB Chairman outlines plans for the IFRS “Better Communications” initiative in Brazil. Making digital consumption of financial information easier via the IFRS XBRL taxonomy is one part of this effort.

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SEC: IFRS 2017 Taxonomy Support

The SEC’s EDGAR system now supports the 2017 IFRS Taxonomy. This impacts Foreign Private Issuers, which is the US term for companies based outside of the United States that have raised funds in the US public markets. All FPIs that prepare their accounts in accordance with IFRS are obliged to file XBRL or Inline XBRL […]

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Toronto Towers

Corporate Reporting in the Digital Age

25th October, 2017

A seminar will be held on 25th October 2017 in Toronto, Canada to discuss the evolution of technologies such as XBRL, and gain an understanding of specific U.S. Securities and Exchange Commission (SEC) XBRL requirements and the current and potential implications on corporate reporting in Canada and internationally. As part of a broader trend towards […]

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Digital Acceleration for IFRS

Sixty percent of financial statement data is already being consumed electronically, and this figure will continue to grow, according to International Accounting Standards Board Chairman, Hans Hoogervorst in a speech in which he outlined the importance of digital reporting amongst several other priorities.

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IFRS Releases Updated Business Rules

An important part of high quality structured data is the application of business rules that uncover simple mistakes and business logic errors. XBRL International urges all regulators to use machine executable business rules in order to significantly enhance data quality. To help environments that report based on the IFRS accounting standards, the IFRS Taxonomy Formula Linkbase […]

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SEC How To

SEC Guidance

The SEC has updated its FAQs on preparing Inline XBRL documents and issued a new FAQ for Foreign Private Issuers on the preparation of XBRL or Inline XBRL documents using the IFRS taxonomy.

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ua

Ukrainian labels for the IFRS 2017 taxonomy now available

The IFRS taxonomy team has published a set of labels in Ukrainian for the IFRS 2017 taxonomy. With several new XBRL projects under development in that country in the coming months, this is excellent news. To further assist, the updated Ukrainian labels include an IFRS illustrated taxonomy.  Need the new labels? The IFRS website has […]

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