Items tagged with "XBRL"

Taxonomy development handbook for the US

XBRL US has published a guide for US regulators and US based industry experts looking to develop taxonomies that align with common practice in that country.

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New Guidance for Market Regulators

The Filing Manual Working Group has been looking at the issues associated with the publication of different filing rules by regulators that seek to permit (but constrain) extension taxonomies.

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PwC underline importance of quality Data

This week PwC published a strong call for companies to take full advantage of the recent pivot to digital with high-quality XBRL data.

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Digital Reporting in Australia: Time for change?

With the UK, US, Europe, Japan and many other jurisdictions mandating XBRL-based digital reporting, is it time for Australia’s accountants to push for similar steps there?

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Eurofiling: XBRL Data feeds Explainable AI Models

Amongst several fascinating presentations at the Eurofiling Innovation Day this week was an interesting demonstration on how XBRL reports can be used as the basis of explainable AI for bankruptcy prediction.

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XBRL Europe Digital Week

Please keep an eye on the XBRL Europe website for a host of very useful presentations and discussions that occurred this week. Amongst others, there was a presentation from Patrick de Cambourg, Chairman of the Autorité des Normes Comptables, the French standards setter. M. de Cambourg described the need for ESG Reporting (or in EU parlance […]

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Jordan Securities Commission mandates XBRL Disclosures

This week the Jordan Securities Commission (JSC) published draft details of their XBRL disclosure project, calling for feedback and comment from relevant stakeholders. The Foundations Project obliges entities and agencies subject to the JSC’s control to solely disclose information in XBRL format via a new online system. Designed to keep pace with international regulatory standards […]

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New Software Certified

We’re pleased to announce that another software product has gained XBRL Certified Software status. The ATOME: Particles report creation product from BR-AG has met the stringent technical criteria that ensure the interoperability of XBRL Certified Software products. Details of all certified software can be found on our certification portal. Vendors of software holding a current certification are entitled […]

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The Future of Reporting – Down Under

Major economies around the world are increasingly adopting XBRL based digital reporting – is it time for Australia and New Zealand to join them? A new paper from Chartered Accountants of Australia and New Zealand provides a detailed analysis of the need for reform in reporting and the achievements, as well as some of the issues associated with […]

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Making Standards

The Open Information Model (OIM) specifications, having been through a multi-year development process, are almost ready to be published publicly as Candidate Recommendations. But why has it taken so long? Standards need to be stable – especially when, as with XBRL, they are primarily adopted by risk-averse regulators and policy makers. Specifications also have a […]

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