How can we facilitate effective and efficient assurance of European Single Electronic Format (ESEF) filings, and make it possible for auditors to do their jobs without needing to understand the technical aspects of Inline XBRL?
This is a guest post by Jacques Urlus, policy advisor IT & Audit at the Royal Netherlands Institute of Chartered Accountants (NBA) and Vice Chair of our Dutch jurisdiction, XBRL NL. Based on his presentation at Data Amplified Virtual on 16 April 2021, he discusses his unique and groundbreaking work with the NBA on audit of […]
As we continue to follow the news of both delays to the European Single Electronic Format (ESEF) mandate and early voluntary ESEF filings, useful as ‘dry runs’, we’re pleased to note a first from the Netherlands.
Open standards for digital data exchange are key for keeping e-invoicing and e-procurement safe and sustainable, says Annemieke Toersen, senior IT standards advisor at the Netherland’s Standardisation Forum.
Standardising and digitalising data doesn’t just make sense from a regulatory perspective; it also has inherent benefits for all sorts of industries and actors across the reporting supply chain.
The Royal Netherlands Institute of Chartered Accountants (NBA) has issued an update that makes a number of changes to the Statement Generator and HRA 3. It is now possible to generate XBRL instances of the audit report for the financial statements of insurers, banks, and pension funds. Read more and see other planned updates here (in […]
After ten successful years working to bring structured business reporting to the Netherlands, and beyond, Prof. Hans Verkruijsse’s retirement from his long-standing role as XBRL Netherlands Chair was marked this week at a meeting in Amsterdam. Throughout his career within the profession (as a Partner at EY and as an academic at the Tilburg University) […]
With the obligation to deposit annual accounts in the XBRL format becoming mandatory for medium-sized firms as well as smaller legal entities for accounts prepared for the fiscal year ending 31 December 2017, XBRL Netherlands has organized a workshop for SME’s to help! Details here.
From the financial year 2017, most medium-sized legal entities in Netherlands are required to file their annual accounts with the Chamber of Commerce in XBRL. A free workshop (subsidised by the Ministry of Economic Affairs) is organised by XBRL Netherlands on November 28, 2017, for auditors and accountants to understand their role in the XBRL […]