At this week’s 30th XBRL Europe Conference in Paris, our Technical Director, Paul Warren, gave an update on current technical activities within XBRL International.
The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability.
The XBRL Standards Board has this week approved an update to the XBRL Data Type Registry (DTR). Most notably, this adds a new item type for use in reporting greenhouse gas emissions.
The XBRL Standards Board has approved the promotion of the Assertion Severity 2.0 specification to Proposed Recommendation status, helping XBRL users to apply data quality rules in highly flexible ways.
The XBRL Standards Board has approved an update to the XBRL Unit Registry. It makes new standardised units available for measuring greenhouse gas emissions and for reporting in the energy sector.
The XBRL Standards Board has approved the publication of a new version of the Transformation Rules Registry. Transformation Rules support the Inline XBRL specification, defining how values such as dates and numbers that are presented using local conventions are converted into the consistent, standardised formats required for structured data.
The Calculations 1.1 specification has this week reached Candidate Recommendation status, following approval by the XBRL Standards Board. Its promotion is accompanied by a Call for Implementations.
This year we celebrated new ways to use the XBRL standard, with xBRL-JSON and xBRL-CSV reaching final recommendation status in October as part of our new suite of specifications. xBRL-CSV is ideally suited for collecting huge quantities of granular data, making it an exciting tool for today’s regulators, while xBRL-JSON is designed to simplify analysis and make XBRL data easy to use.
In addition to the new xBRL-CSV and xBRL-JSON specifications discussed above, this year has seen a number of ongoing and incremental improvements to the XBRL standard. Various new and updated draft specifications are available for experimentation, review and comment.
The XBRL Standards Board has approved the publication of an initial Public Working Draft of the Calculations 1.1 specification and an accompanying requirements document.