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Items tagged with "XBRL"

Broader and deeper use of structured data

Did you catch November’s excellent keynote speech from Commissioner Caroline Crenshaw of the US Securities and Exchange Commission (SEC) at the XBRL US Investor Forum 2021: Data that Delivers?

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More meaningful reporting with XBRL

There is a feast of food for thought in a recent pair of in-depth interviews in the Winter 2021 issue of ThinkTWENTY20, exploring how XBRL supports more meaningful corporate financial reports in regulatory filings, providing better insights and transparency to the marketplace.

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Latest rules take effect as US SEC updates EDGAR and Filer Manual for 2021Q4

On 20 December 2021, the US Securities and Exchange Commission (SEC) upgraded its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system to Release 21.4.

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Data how you need it: XBRL US case study explores huge ROIs of automated custom normalisation in data collection

A new XBRL US case study examines how Liberty Mutual Surety has used XBRL to automate the generation of normalised data in the format the company needs, freeing employee time for higher value work.

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Bank of England updates reporting requirements

The Bank of England’s Prudential Regulation Authority (PRA) has made a number of changes to its regulatory reporting requirements for the banking sector.

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ICAI seeks feedback on changes to Commercial & Industrial taxonomies for XBRL reporting

The Institute of Chartered Accountants of India (ICAI) is inviting comments on exposure drafts amending India’s Commercial & Industrial (C&I) taxonomies, used to underpin digital reporting.

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More on electronic tax reporting in Hong Kong from PwC

Did you catch our story in December on the forthcoming introduction of Inline XBRL-based digital tax reporting for business by the Hong Kong Inland Revenue Department (IRD)?

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Consulting on changes to IFRS Taxonomy 2021, reflecting amendment to IFRS 17

The International Financial Reporting Standards (IFRS) Foundation has published a proposed update to the IFRS Taxonomy 2021.

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2021 saw new specifications launched: lift-off for xBRL-JSON and xBRL-CSV

This year we celebrated new ways to use the XBRL standard, with xBRL-JSON and xBRL-CSV reaching final recommendation status in October as part of our new suite of specifications. xBRL-CSV is ideally suited for collecting huge quantities of granular data, making it an exciting tool for today’s regulators, while xBRL-JSON is designed to simplify analysis and make XBRL data easy to use.

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Inline XBRL as the new normal

It is rapidly becoming clear that Inline XBRL is now the new normal for corporate reporting. The European Single Electronic Format (ESEF), discussed elsewhere in this newsletter, might be this year’s biggest attention-grabber but it is by no means the only game in town.

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