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 […]
XBRL International is getting ready for the upcoming publication of the Open Information Model specifications as Candidate Recommendations. What is the OIM, we hear you ask?
This week the XBRL Board of Directors has approved the progression to recommendation status of an important new specification: the Extensible Enumerations Specification (EE). Version 2 of the Extensible Enumerations specification provides improved support for reporting values that are taken from a prescribed list, such as a list of countries. The use of Extensible Enumerations […]
This week the XBRL Board of Directors has approved the progression to recommendation status of an important new specification: the Transformation Rules Registry (TRR4).
The XBRL Standards Board has voted to promote a number of additional data types to the Recommended status from their previous Candidate Recommendation state, following extensive testing from within the community, including by multiple vendors. These include data types that support Extensible Enumerations 2.0 and the OIM specifications, restricted monetary types, and physical measurements, amongst others. A complete […]