The Open Information Model (OIM) is XBRL International’s strategic effort to simplify and modernise important aspects of the XBRL Standard. It will allow XBRL data to be used in new and simpler ways by detaching the standard from a single syntax. This means the same powerful features of XBRL can be used with various different […]
The XBRL Standards Board has approved an initial Public Working Draft of the Report Packages specification, along with an update to the requirements document.
The XBRL Standards Board has approved a Proposed Recommendation release of the Filing Indicators specification. Filing Indicators are a mechanism used by some XBRL filing systems to enable filers to explicitly record which sections (or templates) within a report they have completed.
The XBRL Standards Board (XSB) has approved a Candidate Recommendation release of the Filing Indicators specification. Filing Indicators are a mechanism used by some XBRL filing systems to enable filers to explicitly record which sections (or templates) within a report they have completed.
We’ve seen a growing interest in the new xBRL-CSV specification, with a number of XBRL implementations looking closely at using the format to meet their bulk data collection needs.
xBRL-JSON is one of several new specifications to reach candidate recommendation status last week, part of the XBRL modernisation initiative.
This week saw the much-anticipated publication of the Open Information Model (OIM) specifications as Candidate Recommendations.
The Legal Entity Identifier (LEI) taxonomy has been published as a Proposed Recommendation. This indicates that sufficient implementation experience has been obtained to confidently believe that no additional development is needed. If no further issues are identified at this stage the specification will next be re-issued as an XBRL Recommendation. The LEI, governed by Global Legal […]
XBRL International recently released the Inline XBRL 1.1 conformance suite that accompanies the updated specification. Inline XBRL 1.1 added three substantive new features: a mechanism for splitting text content within a document, an addition to allow the same figure to be tagged multiple times, and a new mechanism for structuring footnotes that supports explanatory fact […]
The Open Information Model (OIM) specifications, having been through a multi-year development process, are almost ready to be published publicly as Candidate Recommendations. But why has it taken so long? Standards need to be stable – especially when, as with XBRL, they are primarily adopted by risk-averse regulators and policy makers. Specifications also have a […]