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The Importance of Community Input

January 29, 2016

Why your feedback on new Specification development is so important.

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XII in the News – XBRL and the Digital India Initiative

January 29, 2016

XII CEO John Turner spoke about the potential for XBRL to contribute to the Digital India Initiative with leading national newspaper, the Business Standard during his recent visit there to address the XBRL Asia Roundtable and the India XBRL National Conference.

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Industry Update – The future of data in the accounting industry

January 29, 2016

XBRL and structured data reporting is just one of the many ways that accounting professionals have had to adapt their approach to data. A new report from the IMA and ACCA – two global accounting professional organisations –   examines current and future trends in issues such as data management, governance and the data lifecycle. Read the report.

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Taking the Ledger to the Next Level. Blockchain Explained

January 22, 2016

Earlier this week the BBC4 radio program “Today” hosted UK Government Chief Scientific Adviser Sir Mark Walport to talk about “blockchain” the emerging technology behind Bitcoin and other “distributed ledgers”. Also the technology behind Smart Contracts, these resemble traditional ledgers in that they track property or financial information, with the key differences being that they live […]

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xBRL-JSON: making XBRL easier

January 21, 2016

This week we published the first public working draft of the XBRL Open Information Model (OIM). The OIM is a syntax-independent model of the content of an XBRL report, designed to make it easy to work with XBRL data in a variety of different formats, as well as providing simplification of some of the more arcane […]

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The BPB Bank Indonesia Case Study

January 15, 2016

XII’s Best Practices Board has published a new case study that outlines the business and technical considerations that went into Bank Indonesia’s assessment of XBRL as a reporting platform

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Developing Global Best Practices for Company Extensions

January 14, 2016

Announcing the “Entity Specific Disclosures Task Force” (ESDTF)

XII is forming a new task force to identify best practice for the handling of entity specific disclosures (ESDs) in XBRL including, but not limited to, the use of preparer extension taxonomies.

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