System so that it now supports the 2018 IFRS Taxonomy. EDGAR Update 18.2 also signals the point at which a range of previous taxonomies are phased out. Companies are encouraged to use the most recent version of taxonomy releases for their XBRL exhibits in order to take advantage of the most up-to-date tags related to […]
Some ideas to make Asia a Fintech/Regtech/Suptech powerhouse, following the recent XBRL Asia Round Table meeting in Japan.
What is an XBRL taxonomy? XBRL taxonomies are dictionaries for reporting. They provide digital definitions for business concepts and make digital reporting possible. Digital reports work by ‘tagging’ each reported fact so that it can be identified by computer software. For example, the tag “ProfitLoss” might be used for net earnings, and “EnergyConsumed” could indicate […]
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