A few weeks ago, we talked about blockchain in the the context of “Smart Contracts”. These kinds of innovations simply won’t work without the support of structured data. This week, we noticed an opinion piece in TechCrunch Online that has some interesting things to say about the uptake of blockchain technology in the finance sector. […]
The Colegio de Registradores (Association of Spanish Business Registrars) work with the Banco de España to provide a standardised bank credit score to SMEs. The score is based on XBRL company filings from the business registrar combined with benchmark data from across the EU.
Listen to XBRL Board Chair Cees de Boer provide some key insight into the benefits of structured data for internal reporting during a sit down interview at Business Reporting 360 in Copenhagen. He also touches on SBR and the importance of accountability and transparency in business information. Watch the interview.
Why your feedback on new Specification development is so important.
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.
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.
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 […]
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 […]
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
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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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.
