Ukraine have been moving towards mandating XBRL for financial reporting for some time now and this week the National Commission on Securities and Stock Markets (NKTSBFR) announced that the new financial reporting system will officially be launched on 18 June 2019. The new digital financial reporting mandate makes use of the IFRS taxonomy, and will affect all […]
Amid growing momentum for disclosures in alignment with the Task Force on Climate-related Disclosures (TCFD) recommendations, Japans Ministry of Economy, Trade and Industry (METI), Financial Services Agency and Ministry of Environment are launching a Japanese TCFD Consortium, which will develop an effective implementation for the TCFD recommendations in that country. The TCFD Consortium offers a platform […]
The Capital Markets Authority (CMA) of Oman is seeking a contractor to implement an XBRL filing system which will include the ability to analyse financial and non-financial disclosures and generate reports on a web-based platform. Tender documents can now be purchased through 19 May, with proposals due on 30 June 2019. After registering with the […]
The XBRL US Data Quality Committee (DQC) has published its 9th Ruleset for a 45-day public review and comment period, which closes 15 June 2019. In addition to expanding on many existing rules, the latest ruleset contains a new category of checks that evaluates and identifies incorrect calculation relationships in the SEC filers company taxonomy.
Harvard Law School’s Forum on Corporate Governance and Financial Regulation have published a deep dive into the SEC’s most recent disclosure amendments as part of their series on disclosure simplification.
Great news from the US as contractors and bond agents can now submit data in XBRL format, automating what was a laborious manual process and freeing up valuable time for small businesses.
As mentioned above, the US Surety Working Group have been developing the XBRL US WIP Taxonomy to be used by contractors filing to the SBA. This week the Working Group, which is comprised of surety carriers, bond agents, and software companies, also published a draft release of the Contractors Financial Taxonomy. The Contractors Financial Taxonomy […]
We recently reported the release of our new interactive directory of XBRL projects. The directory is a snapshot of XBRL implementations around the world and includes links to underlying legislation, announcements or regulation for most of the projects listed. We have now added links to supporting resources such as taxonomies, technical documentation and filing instructions for the majority of […]
This week XBRL International has published a new interactive directory to all of the XBRL projects that we are currently aware of around the world.
The IFRS Foundation is seeking candidates to join the IFRS Taxonomy Consultative Group from 1 April 2019. The IFRS Taxonomy Consultative Group contributes to the development of the IFRS Taxonomy by providing regular input on taxonomy related issues. Members are drawn from a variety of business and geographical backgrounds. The Board is keen to appoint […]