XBRL International has responded to the consultation by the UK’s Department for Business, Energy & Industrial Strategy (BEIS) on a significant overhaul of the powers and role of Companies House, that country’s national business registrar.
Many of us have been carefully watching the progress of the European Single Electronic Format (ESEF) mandate. ESEF, underpinned by Inline XBRL, has seen the market rapidly develop new, innovative and competitive tools for compliance to meet the needs of companies that seek to mix “Data+Design”. However, the Covid-19 pandemic has inevitably created greater burdens on companies […]
The use of Inline XBRL in Europe for public company IFRS Annual Financial Reports is just around the corner. We’ve seen a remarkable uptick in the capabilities of software and services that can produce Inline XBRL reports with the high level of design fidelity that preparers are accustomed to with PDF and paper-based reports. We […]
John Turner, XBRL International CEO and Robert Tarola, Chair of the XBRL International Board of Directors, kicked off Wednesday morning at Data Amplified with an interesting discussion on the changing requirements for financial reporting governance in a digital reporting ecosystem. Tarola, who has an extensive background in audit, CFO, and board of director roles, demonstrated […]
XBRL and Inline XBRL (iXBRL) are two different formats for structured, electronic business reports. These formats solve different business problems and reflect the broad range of reporting requirements that can benefit from the use of structured XBRL data. XBRL or iXBRL? This is one of the key decisions that data collectors need to make when […]
Inline XBRL (iXBRL) enables a single document to provide both a preparer-driven human-readable presentation of a business report and structured, machine-readable XBRL data. The data format requirements for human-readability and automated machine consumption vary in some cases. For example, a preparer might present a date as ’30th September 2019″ whereas XBRL requires dates to be […]
Giant Leap for Global Trust: GLEIF creates LEI Digital Certificates, uses Inline XBRL Annual Report to demonstrate.
GLEIF Annual Report demonstrates conversion from Adobe Indesign, ESEF taxonomy multi-lingual capabilities.
More and more markets around the world are shifting to Inline XBRL. Interesting news out of the SEC at the end of March – the US regulator will introduce mandated Inline XBRL tagging for the cover sheets of a number of key documents. Already shifting financial statement disclosures for SEC registrant public companies (both foreign […]
Regulator moves to require use of the Inline XBRL standard for all public companies and investment funds listed on US markets. Move will enhance flow of decision-useful information to investors of all kinds, will lower costs and simplify external reporting over time.