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Items tagged with "Validation"

Significant improvements in XBRL data quality over first six years of Solvency II

EIOPA takes stock of data quality in Solvency II disclosures, and how it has developed since 2016. It finds significant improvements, due to “automated data quality processing solutions and advanced analytic tools together with built-in validations in the XBRL taxonomy.”

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EBA releases revised list of validation rules

The European Banking Authority (EBA) has published its regular updated list of validation rules for its reporting standards, as encapsulated in its Technical Standards and Guidelines.

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FASB consults on taxonomy upgrades

For those with an interest in digital reporting in the US, the Financial Accounting Standards Board (FASB) is currently seeking feedback on two sets of taxonomy updates.

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Assertion Severity 2.0 finalised, allowing dynamic XBRL validation

The XBRL Board of Directors has approved the promotion of the Assertion Severity 2.0 specification to Recommendation status, offering XBRL users valuable flexibility in applying data quality rules.

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XBRL US publishes latest data quality rules for review

The XBRL US Data Quality Committee (DQC) has published its 19th ruleset, containing three proposed new validation rules.

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EBA issues latest updates to ITS validation rules

The European Banking Authority (EBA) has published its regular revised list of validation rules, as included in its Implementing Technical Standards (ITS) on supervisory reporting.

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Bank of England updates digital reporting guidance

The Bank of England has made a number of changes to documents included in its Statistical Reporting Guidance, as summarised in a recent notice.

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“Making a difference”: More new US data-quality rules now out for review

The XBRL US Data Quality Committee (DQC) has this week published its 18th Ruleset for a 45-day public review and comment period, running until 30 May 2020.

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Italy introduces testing option for ESEF filings

It is now possible for Italian filers to test financial statements in the Inline XBRL-based European Single Electronic Format (ESEF), thanks to a new online function on the website of the Italian Business Register (Registro delle Imprese).

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Flexible XBRL quality checks enabled as Assertion Severity 2.0 reaches Proposed Recommendation status

The XBRL Standards Board has approved the promotion of the Assertion Severity 2.0 specification to Proposed Recommendation status, helping XBRL users to apply data quality rules in highly flexible ways.

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