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Items tagged with "XBRL"

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New Tutorial

One of the most powerful features of XBRL is the ability to embed sophisticated business rules for validation into a taxonomy in the form of XBRL formula rules.  XBRL formula is a very powerful language, but with that power comes some complexity.  To help new users get to grips with the language, the XBRL Best Practices Board has just approved the publication […]

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New XBRL Glossary Reduces Jargon

New XBRL Glossary Reduces Jargon

The XBRL Best Practices Board has published a first full release of the XBRL Glossary. Until now, there haven’t been better terms available for referring to XBRL features and functionality. The glossary seeks to change that by providing a set of simplified terms with a clear description to help newcomers get to grips with XBRL.

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XBRL US Responds to the Request for Information and clarifies the aim of GEAR

XBRL US Responds to the Request for Information and clarifies the aim of GEAR

In September 2018, XBRL US submitted a letter in response to the U.S. Office of Management and Budget (OMB) request for information on a proposed public/private partnership called the Government Effectiveness Advanced Research (GEAR) Center. The goals of this partnership are stated as “re-imagining possibilities for how citizens interact with the Government; rethinking the delivery […]

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World’s Examples of the use of XBRL Structured Data

Examples of XBRL Use Around the World

A recent paper by the CFA Institute’s Financial Reporting Director, Mohini Singh, discussed the changing use of structured data by investors and analysts. Singh has followed this up with another piece focusing on reporting to lenders, tax authorities, and other regulating bodies around the world. More details about these case studies here.

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IFRS Releases 2018 Taxonomy Business Rules

IFRS Releases 2018 Taxonomy Business Rules

The IFRS Foundation’s set of Taxonomy business rules for 2018 is also now available to download. It can be used with software tools supporting XBRL Formula. The release is accompanying material to the IFRS Taxonomy 2018 and has been updated from the 2017 version to reflect changes in the IFRS Taxonomy content. The business rules can […]

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More XBRL Certified Software

More XBRL Certified Software

We’re pleased to announce that two more software products have gained XBRL Certified Software status. UBPartner’s XBRL Processing Engine and XT Portal products have met the stringent technical criteria that ensure the interoperability 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 to […]

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Last Chance to Vote!

Last Chance to Nominate!

XBRL International is seeking candidates for both the XBRL Standards Board (XSB) and the XBRL International Nominations Committee (NomCom). The documents containing the desired attributes for potential candidates as well as instructions as to the submission of interest can be found below. To be considered for either the XSB or the NomCom, please submit the […]

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Impact of SEC Final Rule on XBRL Tagging Requirements

The SEC final rule on amendments to disclosure requirements has been published in full, allowing our colleagues at XBRL US to assess its impact on XBRL requirements. In the near-term, the final rule doesn’t require any changes to what is required to be tagged by preparers. The ruling includes some areas that may result in […]

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Last Chance to Vote!

Call for Nominations

XBRL International is seeking candidates for both the XBRL Standards Board (XSB) and the XBRL International Nominations Committee (NomCom). The documents containing the desired attributes for potential candidates as well as instructions as to the submission of interest can be found below. To be considered for either the XSB or the NomCom, please submit the […]

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AICPA Findings Reveal 45% Drop in XBRL Costs for Small Companies

As reported in July, it was great news to hear that the cost of XBRL formatting for small US reporting companies have declined 45% since 2014.

The AICPA study surveyed price data from 1,032 small reporting companies for 2017 services, showing that 68.6% of companies paid $5,500 or less annually for fully outsourcing their XBRL filings.

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