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Items tagged with "XBRL"

Bank of England invites input as XBRL adoption advances

The Bank of England is seeking a second round of feedback on its new statistics taxonomy, with the publication on 24 May of version 1.2.0 Public Working Draft 2 (PWD2). The updated taxonomy will support the Bank’s transition from XML to XBRL for its collection of statistical data.

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Digital transformation a priority in Qatar

Rashid bin Ali al-Mansoori, Chief Executive of the Qatar Stock Exchange (QSE) has affirmed the Exchange’s pursuit of digital transformation, with extra features recently added to its website.

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ESEF Errors and Common Pitfalls: 1 – Incorrect Signs

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. Tagging values with the wrong sign – negative rather than positive, or vice versa – is a common and potentially serious […]

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EBA releases v3.1 of its reporting framework, with taxonomy updates

The European Banking Authority (EBA) has published phase 1 of the new version 3.1 of its reporting framework, which is expected to apply from September 2021. It reflects new reporting requirements for investment firms, as well as changes to resolution planning reporting and supervisory benchmarking.

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Assertion Severity 2.0 enables dynamic approach to rule severity

The XBRL Standards Board has approved publication of a Public Working Draft of the new version of the Assertion Severity specification, and an accompanying requirements document, adding more flexibility to the rules that detect and highlight different levels of issues in XBRL reports.

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Over 90% of companies in Jordan file XBRL reports

We’re pleased to note that XBRL implementation in Jordan is having success, following its introduction last year.

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Insights on validation from CoreFiling

Our (many!) readers concerned with data quality, and the processes involved in validation, may be interested in a new blog series on validity in XBRL from CoreFiling, from Executive Chairman Philip Allen.

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Does XBRL offer investors predictive benefits? Research says yes

To us at XBRL International it’s clear that XBRL data enables better decision making and offers value to investors and users of all kinds. Supporting that assertion is a point-of-view post at XBRL US, in which Steven Huddart of the Smeal College of Business at Penn State University asks “Are XBRL data better at predicting […]

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Big news! Europe to get mandatory digital ESG disclosure using Inline XBRL

The European Commission has adopted a proposal for a Corporate Sustainability Reporting Directive (CSRD), to amend and replace the current Non-Financial Reporting Directive (NFRD).

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Standards to support rapid change: the future of business reporting

Head over to the Taggings section of the XBRL International website for a post from our CEO John Turner, reflecting on the future of reporting as glimpsed at the 2021 Data Amplified Virtual conference. The world is changing fast – in ways that will make reporting even more important.

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