MAS announces regulatory reporting will be achieved machine-to-machine via structured data and that the regulator will work to eliminate duplication within their structured data collections.
The European Banking Authority (EBA) has published an update to the XBRL taxonomy used by banks and national regulators to provide data for supervisory reporting. The update is a corrective modification of the previously published 2.7 taxonomy, which it entirely replaces. The amendments address some technical errors in the reportable content and in the XBRL […]
The SEC has now announced its preliminary 2018 reporting taxonomy following a formal public review of the proposal.
This year’s Data Amplified conference did not stop our colleagues from the XBRL US Data Quality Committee (DQC) from keeping busy, having announced the finalisation of a new guidance document for tagging – the Statement of Cash Flow Guidance. Joining this publication are two new automated rulesets designed to help US issuers in the preparation […]
The Bank of Russia’s XBRL final taxonomy of accounting (financial), supervisory and statistical reports for Non-Credit Financial Institutions (NFIs) has been now been published. A wide array of institutions will be obliged to use XBRL to file reports to the Bank from early 2018 onwards, including insurance firms and pension funds. The preliminary XBRL taxonomy […]
Last Monday the first 11 software packages to receive certification from XBRL International were announced. XBRL software certification makes it easier for everyone involved in 21st century corporate, regulatory and enterprise reporting to ensure that information that is prepared in one place can be accurately and seamlessly consumed in another. XBRL International certification builds confidence […]
The Spanish Ministry of Economy (Ministerio de Economía, Industria y Competitividad) has organised a roundtable and conference in Madrid for November 30th, 2017. The topic will be: “Taking advantage of financial reports: Analysis tools available to the public and the advantages of XBRL”, and will include speakers from Banco de España, and the Universidad Complutense […]
With the obligation to deposit annual accounts in the XBRL format becoming mandatory for medium-sized firms as well as smaller legal entities for accounts prepared for the fiscal year ending 31 December 2017, XBRL Netherlands has organized a workshop for SME’s to help! Details here.
The Netherlands Institute of Chartered Accountants (NBA) has published a new version of the Dutch XBRL taxonomy for accounting statements in order to better meet the requirements of its SBR Assurance solution. This new taxonomy must be used from 1 January 2018 in the preparation of digitally audited financial statements. This impacts a large number […]
The SEC’s Division of Economic and Risk Analysis (DERA) has compiled and analysed XBRL exhibits from US issuers that are submitting XBRL and Inline XBRL to that regulator. The analysis covers a three-year period, from March 2014 to December 2016. The data shows a very modest contraction in the number of custom tags or “extensions” […]
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