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Items tagged with "Reporting"

ESEF Errors and Common Pitfalls: 6 – Redundant Labels

This is part of a series on common errors and pitfalls in ESEF filings, observed in our analysis of hundreds of reports collected in our repository, at filings.xbrl.org. For the series introduction, start here. ESMA’s ESEF taxonomy contains taxonomy element labels in all official EU languages. ESEF reports are expected to use these ESMA taxonomy labels for base taxonomy […]

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Beyond the usual suspects: XBRL avenues to explore in India

XBRL has been used for financial and prudential reporting in India for several years. As digitisation advances apace – hastened by the Covid-19 pandemic – how and where else could India deploy the XBRL standard to facilitate filings and collect high-quality digital data that is easy to access, analyse and compare?

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Incorrect dates: Another common ESEF issue

Dating problems don’t only plague those seeking the perfect partner – they can also cause angst for filers in pursuit of a flawless ESEF report! This week we bring you another post from XBRL International Guidance Manager Revathy Ramanan in her series on common errors in European Single Electronic Format (ESEF) filings and what to do about […]

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Milestone EU agreement on public country-by-country tax reporting

After several years of negotiations, the European Council and European Parliament have reached political agreement on disclosure by multinational companies of the tax they pay in each country.

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Some thoughts on UKSEF from PwC

What is UKSEF, how does it relate to European standards, and should companies use it? The UK has its own Inline XBRL format and taxonomy, the UK Single Electronic Format (UKSEF), an analogue to the European Single Electronic Format (ESEF).

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ESEF Errors and Common Pitfalls: 5 – Incorrect Dates

This is part of a series on common errors and pitfalls in ESEF filings, observed in our analysis of hundreds of reports collected in our repository, at filings.xbrl.org. For the series introduction, start here. A common error in XBRL reports is tagging facts with the wrong date. This arises because of the different conventions that are typically used to […]

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Calculation inconsistencies and package errors: More common ESEF pitfalls

We bring you two new posts on ‘ESEF Errors and Common Pitfalls’ this week, from XBRL International’s Guidance Manager Revathy Ramanan.

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EBA recommendations on cutting supervisory reporting costs

he European Banking Authority (EBA) has identified 25 recommendations that together could reduce banks’ reporting costs by 15-24%. These are the conclusions of a comprehensive study on the costs of compliance with supervisory reporting requirements.

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Further and faster: IIRC and SASB form Value Reporting Foundation

The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) have announced the finalisation of their merger to form the Value Reporting Foundation (VRF).

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EBA corrects reporting taxonomy package

The European Banking Authority (EBA) has published an erratum for the technical package on its reporting framework 3.0.1.

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