This week the SEC adopted rule 498A under the Securities Act, aiming to help investors make informed decisions on variable annuity and life insurance contracts. Amongst other measures, the adopted rule requires the use of Inline XBRL for certain disclosures in the variable contract statutory prospectus. The SEC has published a draft Variable Insurance Product […]
XBRL International has released requirements designed to improve the process of combining multiple XBRL or iXBRL reports into a package without losing the references between them.
This week we are pleased to feature a guest post from Mohini Singh, Director, Financial Reporting Policy at CFA Institute. In her post she highlights the “missing piece” in the digitisation of reporting in the EU: the need for a single way to discover reports. As things stand, while digital reporting in Inline XBRL is […]
The Committee of European Auditing Oversight Bodies (CEAOB) has published important guidance for auditors reviewing financial reports published in accordance with the new ESEF regulations.
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 […]
This great new video from the Global Legal Entity Identifier Foundation (GLEIF) clearly explains the process and advantages of Inline XBRL and unique digital identifiers. GLEIF recently published its annual reportusing machine-readable Inline XBRL format and embedding GELIF’s own Legal Entity Identifier into the financial information for the first time. The process of embedding an entity’s LEI […]
The Securities and Exchange Commission (SEC) has released a draft update of the EDGAR Filer Manual in advance of version 19.2 coming into effect (if approved by the Commission) on 10 June 2019. Amongst other changes, the latest version of EDGAR has been updated to support the 2019 IFRS Taxonomy, and will no longer support […]
At the 2018 Data Amplified conference in Dubai, we presented some samples that show how Inline XBRL documents can be both interactive and design-led. These reports are aesthetically indistinguishable from PDF reports but far more useful. We have now published a code repository containing details of how we produced these samples. We believe this will serve […]
The Inline XBRL viewer developed by Workiva, first previewed at Data Amplified 2018, has now been released as open source software. The viewer makes Inline XBRL tagged content dynamic and immediately usable, unlocking the value of data that, without special consumption tools, is all too often hidden within documents.
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
