We can’t help but notice that a lot of people in both the public and private sectors are starting to look at XBRL filing data in a whole new way.
The Reserve Bank of India has released another set of XBRL data related to the performance of Non-Government Non-banking Financial and Investment for 2014-15.
One of the key messages to come out of the Data Coalition’s “Financial Data Summit” this week was that marrying the private sector’s technical expertise with government’s capacity to set the policy agenda is what will move open data forward.
Check out the free Data Analysis Toolkit and webinar from XBRL US showing the possibilities presented for investors and analysts by XBRL data.
The Companies House and HMRC XBRL programmes are extremely successful, having been done in a way that is both very cost effective for filers and beneficial to those interested in utilising structured corporate data for analysis. Read two white papers by XBRL UK examining this success.
The XII Best Practices Board (BPB) has worked with the Brazilian National Treasury and their implementation team to prepare a case study that explains in-depth their experience implementing XBRL GL for government-to-government reporting.
Legislation that would require all of the US federal financial regulators to replace existing disconnected, often manually prepared, reports and forms with consistent data standards for all the information they collect under securities, commodities, and banking laws was introduced this week. This legislation has the backing of a bipartisan group of lawmakers. If passed it […]
As part of the legislative process, proposed laws in the US are first examined by committees of lawmakers, who call witnesses to testify on how the proposed Bill will impact various stakeholders. It’s an important bit of political theater but rarely provides anything in the way of new information. That was the case at a […]
The US Securities and Exchange Commission continues to seek to leverage interactive data for greater transparency. This week the body proposed rules to require companies to disclose the relationship between executive compensation and the financial performance of a company using XBRL. The goal is to provide greater transparency and allow shareholders to be better informed […]
XII is looking to develop additional and somewhat simpler ways using an OIM, or Open Information Model, aimed at providing standardised ways to deal with XBRL using alternative syntax.
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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.
