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Items tagged with "Validation"

Inside insights from the EBA on DPM 2.0

The data collection systems and processes at the European Banking Authority (EBA) and European Insurance and Occupational Pensions Authority (EIOPA) are currently undergoing a major overhaul to enhance their efficiency and effectiveness.

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Better Numbers: An Update on DPM 2.0

The data collection systems and processes at the European Banking Authority (EBA) and European Insurance and Occupational Pensions Authority (EIOPA) are currently undergoing a major overhaul to enhance their efficiency and effectiveness. In this interview, XBRL International discusses the Data Point Model Refit and related developments directly with the EBA. Read on for vital updates, […]

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Calculations 1.1: getting rid of the noise

XBRL Calculations can play an important role in ensuring the quality and accuracy of a financial report, and can flag up errors in both the XBRL tagging and the underlying numbers.  Unfortunately, until now, calculation validation reports have been hampered by false positives — validation messages that don’t reflect real issues in the report. The […]

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Enhancing quality in Inline XBRL tagging

In the realm of Inline XBRL, quality assurance is paramount. Xmetric Ltd recently released a report highlighting their lessons learnt in diagnosing and resolving quality matters in FRC-tagged accounts across the UK and Ireland. The report is designed to inspire and guide software vendors and preparers to soar to new heights in tagging quality.

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Simplifying compliance: New XBRL Test Suite for EDGAR submissions

Developers working on software for validating Interactive Data before EDGAR submissions now have a powerful tool at their disposal: the Interactive Data Public Test Suite (Version 67-230918).

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FASB invites comment on updated taxonomies

The US Financial Accounting Standards Board (FASB) has published its proposed 2024 DQC Rules Taxonomy (DQCRT), with accompanying release notes.

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EBA issues revised validation rules

The European Banking Authority (EBA) has published a revised list of validation rules to accompany its reporting standards (Implementing Technical Standards, Regulatory Technical Standards and Guidelines).

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IFRS Formula Linkbase 2022 published

The International Financial Reporting Standards Foundation (IFRS) 2022 Taxonomy formula linkbase is now available for download. The updated linkbase reflects changes to the IFRS Accounting Taxonomy, including updates to axis aggregation validations, percentage warnings, and technical validations.

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XBRL US Data Quality Committee publishes 20th Rule Set

The XBRL US Data Quality Committee (DQC) has published its 20th Rule Set, including five proposed rules for corporate issuers, and two proposed rules that are specific to business development companies (BDC).

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99 data rules, free for use in software tools…

The XBRL US Data Quality Committee (DQC) has approved three new validation rules, following a public review, taking the total available to 99.

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