Items tagged with "XBRL GL"

XBRL GL Framework Making Inroads

The XBRL GL Framework is coming into increased use around the world as a way to standardize the reporting of financial and business information within an organisation or throughout a supply chain at a transactional level.

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XII Forms International Audit Data Collection (ISO) Task Force

XBRL International has created an Audit Data Collection (ISO) Task Force to act as a single point of communication between the XBRL community and the ISO during the ISO/PC 295 project

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XBRL Global Ledger Gets Multi-language Labels

The XBRL GL Working Group has released a package of multi-language labels to support the XBRL GL 2015 Framework that was released in March. The package provides full translations for Brazilian Portuguese, Chinese, Italian, Spanish, as well as partial translations for Finnish, Canadian French, and Turkish. We are seeing more entities making use of the capabilities […]

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Streamlining and Enhancing Government Data Collection in Brazil

The XII Best Practices Board (BPB) has worked with the Brazilian National Treasury and their implementation team to prepare a case study that explains in-depth their experience implementing XBRL GL for government-to-government reporting.

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Improving Business Reporting in Finland

XBRL Finland held a successful conference entitled the Real-Time Economy (RTE): Innovations for Europe Conference. Nearly 150 participants from 12 countries and 68 organizations came together in Helsinki to discuss advances in financial reporting, public data collection and accounting. The purpose of the conference was to disseminate information on RTE innovations and to gather people […]

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XBRL GL Taxonomy Advances to “REC” Status

The 2015 XBRL GL Taxonomy has advanced to Recommendation status, meaning it is stable and is considered suitable for broad adoption and implementation. XBRL GL is intended to enable the efficient handling of financial and business information contained within an organisation, including the representation of anything that is found in a chart of accounts, journal entries or […]

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XBRL GL 2015 Published as Proposed Recommendation

Based on stakeholder feedback XII has published the XBRL GL 2015 Framework as a Proposed Recommendation, meaning that sufficient implementation and deployment experience has been gathered and it is believed that no additional development of the specification is necessary. The changes introduced in this version mostly fix errors and inconsistencies reported from implementation projects. New or enhanced functionality […]

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Audit Data Standards Getting a Close Look

The Standardization Administration of China (SAC) has submitted a proposal to ISO for a new international standard focusing on requirements for audit data collection. The aim is to address common issues, improve data accessibility and transparency, standardize collection and avoid duplicated efforts. The importance of this action and its obvious ties to our mission to […]

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XBRL GL Candidate Recommendation

After a careful process of review, the XBRL Global Ledger 2014 Specification has been given Candidate Recommendation status, meaning it is meets all identified requirements, and is ready for implementation in software. The XBRL Standards Board is also issuing a Call for Implementations, to identify necessary modifications. The XBRL GL Working Group will accept comments […]

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XBRL Global Ledger Taxonomy and Framework Released as PWD

The latest version of the XBRL Global Ledger taxonomy and framework has been released as a Public Working Draft. Comments are invited and should be sent to gl@xbrl.org.

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