In the wake of the recent approval of the new, final XBRL Report Packages Specification, draft guidance on report packages has been approved by XBRL International’s Best Practices Board (BPB).
This week Data Amplified 2023 brought together professionals from across the world and across the digital reporting supply chain at the amazing SIX ConventionPoint in Zurich.
Another highlight at Data Amplified 2023 was the launch of XBRL International’s updated microsite on planning and implementing digital sustainability reporting using XBRL.
We are delighted to announce that this week the XBRL International Board of Directors approved the Report Packages specification to Recommendation status as the newest part of the XBRL standard. The now-final specification provides a single container for XBRL reports to reside in.
XBRL International’s Entity Specific Disclosure Task Force (ESDTF) has released its first publication, titled “How to address Entity Specific Disclosures in XBRL reports.” The primary goal of this guidance is to identify and recommend mechanisms that taxonomy architects and authors can employ to incorporate Entity Specific Disclosures (ESDs) within the base taxonomy.
We are absolutely delighted to announce a new partnership between CDP and XBRL International, which aims to accelerate digital sustainability disclosure worldwide.
The XBRL Standards Board has approved a further Proposed Recommendation for the XBRL Report Packages 1.0 specification, incorporating improvements fed back by the XBRL community.
How many decisions do you make in a day? Hundreds? Maybe thousands? Of course, it all depends what you mean by a decision, and estimates vary between 27 and 35,000… But one thing is clear: humans are decision makers. And that means humans need data.
The new taxonomies, now promoted to Candidate Recommendation status, will free regulators from manually defining and maintaining their own lists, and improve the consistency and comparability of XBRL reports.
So much is happening in the world of reporting right now. It is exciting, unbelievable, and – frankly – sometimes overwhelming.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
