An additional set of business rules have been released by XBRL US this week for review and implementation. Machine executable rules that cover the business logic of business reports and catch mistakes at source are a key part of reporting with XBRL and XBRL US’s Data Quality Committee is filling the gap that exists in the […]
Preparations for 2020 have already started at the European Securities and Markets Authority, which announced this week that it is seeking volunteers for Inline XBRL field tests. These will consist of transforming annual financial reports from issuers into Inline XBRL documents, in accordance with ESMA’s draft of the European Single Electronic Format (ESEF) specification. Annual […]
The XBRL International Best Practice Board is seeking volunteers/participants for the Implementation Guidance Task Force (IGTF). Do you want to assist in shaping the future of XBRL reporting and in establishing best practices for XBRL usage in different environments? This is a perfect opportunity for you and your organisation to enhance your reputation as XBRL […]
XBRL International is seeking expert candidates to fill open positions on the Best Practices Board (BPB). The BPB actively manages the production, dissemination and continual improvement of guidance materials. Interested? Please read more here, submit your CV or nominate someone you know. Submissions must be sent to email@example.com.
A couple of weeks back the New York Society of Security Analysts’ (NYSSA) Financial Reporting and Analysis Group hosted a workshop on using XBRL to expedite and ease financial reporting and analysis. That workshop is now online and we highly recommend it to: investors and analysts regulators standards setters; and XBRL professionals and vendors Presentations […]
Just as the world is shifting to wholesale reliance on digital structured data, there remains an effort within the US Congress to exempt smaller US companies. We believe that would harm transparency, hurting investors and small companies alike.
The Central Bank of Russia is leading the modernisation and digitisation of the financial sector in that country and the use of XBRL for data collection is a key part of this initiative. The XBRL Russia website (it translates very effectively in Chrome) has recently been formally launched and contains a wealth of information about […]
The annual conference for the global XBRL community, is now open! Data Amplified is where the world’s most influential accounting professionals, policy makers, standards setters, regulators, technologists, issuers and innovaters meet to define the future of business reporting. Register today to join us in Paris between 6 and 8 November 2017 for this year’s most important event in our […]
Chaired by Michael Bloomberg, the FSB Task Force on Climate-related Financial Disclosures (TCFD) is due to publish its final report in July. The TCFD is developing voluntary, consistent, climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. One of TCFD’s main challenges is to create a […]
The SEC is seeking input on its proposals to switch from XBRL to iXBRL for financial statement filings for companies and mutual funds. The practical impact of this change would include a shift from “dual” filing, in which an HTML financial disclosure is filed as well as a separate XBRL document. Instead a single Inline […]