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Items tagged with "Taxonomy"

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XBRL FRC 2019 Taxonomies suite

The UK’s Financial Reporting Council (FRC) has amended its XBRL accounting taxonomies to reflect changes introduced in the UK GAAP triennial review and three new IFRS documents. UK IFRS reporters to HMRC and Companies House will need to use this collection to file their annual accounts. UK GAAP reporters applying the Triennial Review Amendments can […]

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Bank of Russia Release Draft Insurance Reporting Updates

The Central Bank of Russia has released a draft adjustment to the reporting requirements for insurance companies. The direct No. 4584-U changes the forms, terms and procedure for drawing up and submitting reports to the central bank.

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IFRS Releases 2018 Taxonomy Business Rules

IFRS Releases 2018 Taxonomy Business Rules

The IFRS Foundation’s set of Taxonomy business rules for 2018 is also now available to download. It can be used with software tools supporting XBRL Formula. The release is accompanying material to the IFRS Taxonomy 2018 and has been updated from the 2017 version to reflect changes in the IFRS Taxonomy content. The business rules can […]

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Bank of England Publish Corrective Taxonomy Release Note

Filers and software providers in the UK should note that the Bank of England published a taxonomy release note on 31 August 2018. It accompanies v3.1.1 of their XBRL taxonomy, data point model (DPM) and taxonomy validations. V3.1.1 is a corrective release, correcting some issues in  v3.0.0, and should be treated as a hotfix rather […]

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IFRS Taxonomy 2018

The IFRS webinar about the 2018 taxonomy is available for replay. Impacted by IFRS?  It’s important to you then. Find it here.

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FRC Seeks Feedback on UK taxonomy

Enhancing the quality and accessibility of financial reporting is a core objective of the UK’s Financial Reporting Council, the UK’s audit regulator and financial standards setter. The FRC also has a full time taxonomy team, who look after the UK taxonomies for filing to that country’s tax authority, companies registrar and charities commission. (Public company […]

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IFRS Publishes Korean & Hungarian Taxonomies

축하해요 or Gratulálok – or perhaps just congratulations – might be the words coming the IFRS Foundation’s way as they take their taxonomy further towards truly global applicability. In a move to support both Korean and Hungarian-speaking users of the IFRS Taxonomy, the foundation has now published translations of their taxonomies in both languages. The […]

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FASB Seeks Feedback

In a recent update by the Financial Accounting Standards Board (FASB) to their Implementation Guide Series for the U.S GAAP Taxonomy, FASB staff have now issued a new proposed taxonomy guide for revenue from contracts with customers. The implementation guide provides examples to help users of the taxonomy understand how modeling, revenues and costs are […]

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EBA Amendments for Supervisory and Resolution Reporting

The European Banking Authority (EBA) has now published amendments to a range of its Implementing Technical Standards (ITSs), Data Point Model, XBRL taxonomy and a release of a new ITS on reporting for resolution plans. These amendments aim to synchronise reporting requirements with the changes to the regulatory framework and  help meet the evolving risk […]

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EIOPA Seeks Input on Implementing Technical Standards

The European Insurance and Occupational Pensions Authority (EIOPA) welcomes feedback on draft amendments to their implementation regulations on reporting and disclosures. EIOPA plans to modify the guidelines on financial stability information and adopt new validations, which will be incorporated in the XBRL taxonomy version 2.3.0 to be published in July 2018. Contributions and comments can […]

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