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Items tagged with "Taxonomy"

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EBA Updates XBRL Taxonomy 2.6 for 2018 Benchmarking Exercise

The European Banking Authority (EBA) has published a hotfix update (Version 2.6.0.1) to its XBRL taxonomy and supporting data point model. The update will be of significance to National Competent Authorities submitting data on bank internal approaches, as part of the 2018 benchmarking exercise. This is therefore relevant to CRD IV software vendors as well […]

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How to publish a Taxonomy? What are Taxonomy Packages?

Taxonomy is at the heart of an XBRL program, publishing taxonomies for stakeholder consumption needs to be given a careful thought. Guidance note now is available for taxonomy owners. The Best Practices Board’s Implementation Guidance Task Force have come-up with guidance for the right way of publishing a taxonomy and business-friendly explanation of Taxonomy Packages […]

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EBA updates Supervisory Reporting XBRL Taxonomy 2.7

The European Banking Authority (EBA) has published an update to the XBRL taxonomy used by banks and national regulators to provide data for supervisory reporting. The update is a corrective modification of the previously published 2.7 taxonomy, which it entirely replaces. The amendments address some technical errors in the reportable content and in the XBRL […]

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SEC Proposed 2018 Reporting Taxonomy

The SEC has now announced its preliminary 2018 reporting taxonomy following a formal public review of the proposal.

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SEC: IFRS 2017 Taxonomy Support

The SEC’s EDGAR system now supports the 2017 IFRS Taxonomy. This impacts Foreign Private Issuers, which is the US term for companies based outside of the United States that have raised funds in the US public markets. All FPIs that prepare their accounts in accordance with IFRS are obliged to file XBRL or Inline XBRL […]

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XBRL Canada to Host a Workshop for SEC Reporting Issuers

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 […]

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The start of Better Data for Project Finance

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 […]

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SEC Guidance

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.

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Request for Information: Bank of Israel

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 […]

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FASB asks for ideas to make GAAP taxonomy easier to use

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 […]

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