On September 27th, 2017 in Toronto, XBRL Canada will be hosting a workshop geared towards SEC Reporting Issuers. The event will address the SEC announcements on March 1 2017 regarding the use of XBRL for IFRS Reporting Issuers, and the implementation of Inline XBRL. According to rule 33-9002 of the US Securities and Exchange Commission […]
This week, the SunSpec Alliance and XBRL US announced the launch of a 30-day public review period for the initial draft of their Orange Button taxonomy for solar financing. The taxonomy, developed as part of the U.S. Department of Energy SunShot Initiative’s Orange Button program aims to make it easier to aggregate and share data about […]
The SEC has updated its FAQs on preparing Inline XBRL documents and issued a new FAQ for Foreign Private Issuers on the preparation of XBRL or Inline XBRL documents using the IFRS taxonomy.
The Bank of Israel is interested in receiving information regarding existing solutions in the market for building and managing XBRL taxonomies as well as support and consultation for the taxonomy developed at the Bank. The Bank invites suppliers with the appropriate knowledge, expertise, and experience to submit a solution to this request, as detailed in the […]
As we mentioned last week, the FASB has issued an invitation to comment asking for input on ways to assess the efficiency and effectiveness of the US GAAP taxonomy. FASB’s invitation to comment provides detailed background and technical questions focused on how to make the taxonomy easier for users to navigate and how to improve […]
This proposed update incorporates the IFRS Taxonomy elements for applying IFRS 17 Insurance Contracts. The IFRS Foundation is seeking comment on this Taxonomy update with the comment period remaining open until 18 September 2017. Further information and supporting materials can be found here.
The Central Bank of Russia is leading the modernisation and digitisation of the financial sector in that country and the use of XBRL for data collection is a key part of this initiative. The XBRL Russia website (it translates very effectively in Chrome) has recently been formally launched and contains a wealth of information about […]
The Taxonomy Architecture Guidance Task Force has now updated its guidance on the use of XBRL Dimensions. The guidance promotes consistency and simplicity in taxonomy designs and XBRL implementations. This “technical FAQ” is more technical than most of our guidance materials, but by providing clear, unambiguous solutions to common technical questions, implementers are left free […]
This week a RegTech conference entitled “Blockchain and Open Platforms: APIs, XBRL and Ecosystems” was held in Moscow to examine a range of topics impacting the financial sector. There is hot debate in Russia about the pros and cons of different blockchain protocols and the purpose and eventual impact on the banking sector of Open […]
With around 300 SEC issuers in Canada (companies that have raised money on US markets) it is significantly impacted by the new IFRS FPI rules published by the SEC. XBRL Canada will hold a webinar on 24 May to help local firms understand the requirements to prepare XBRL or iXBRL versions of their accounts from […]
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
