As expected, on Wednesday the US SEC met and approved a Proposed Rule to switch US listed company filings to Inline XBRL. We look at some of the implications.
Did you know that iXBRL allows enormous flexibility in what is presented in a report?
There is growing pressure for the development of generic, consistent and coherent standards for providing and consuming assurance over digital reporting.
On Wednesday, 1 March 2017, the US SEC will meet to consider whether it should mandate the use of human readable iXBRL.
It’s difficult to think of a period in the last 50 years in which it has been harder to predict the shape of international relations, policy and regulation, especially where those topics relate to the United States. This week, just to add confusion to a complex world, both EU and US officials indicated that there […]
In a substantial speech to the Northwestern University’s 44th Annual Securities Regulation Institute symposium, recently retired SEC Chair Mary Jo White provided an interesting summary of her perspective on the achievements of that regulator during her term. She also provided some comments on the work that lies ahead. Chair White’s retirement as the 31st SEC Chair […]
iXBRL, or Inline XBRL, is an open standard that is used by millions of companies around the world to prepare financial statements in a structured data format that is both human and machine readable.
The European Securities and Markets Authority has announced that starting in 2020, public companies that prepare consolidated IFRS financial statements will provide them in Inline XBRL.
Alternative presentations of XBRL data using JSON and CSV, along with the increased use of iXBRL, are creating new opportunities for investors, analysts and others to access XBRL data directly.
XBRL US has just started to experiment with iXBRL versions of corporate actions. Check out this example that reuses the open source iXBRL inspection tool that the SEC contributed to and use themselves.
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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.
