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UK gets updated taxonomies from FRC and BoE
The UK Financial Reporting Council (FRC) has issued its 2023 Taxonomy Suite.
The UK Financial Reporting Council (FRC) has issued its 2023 Taxonomy Suite.
The Central Bank of Ireland (CBI) affirms that Bank and Investment Firm Resolution Fund (BIFR) reporting is switching to XBRL.
The Financial Stability Board recommends greater convergence in cyber incident reporting, including a common format for incident reporting exchange, or FIRE. We urge a digital-first approach using XBRL to ensure comparability and effective analysis.
We were delighted to read recent remarks by Mr Aamir Khan, Chairman of the Securities & Exchange Commission of Pakistan (SECP).
The IFRS Advisory Council this week discussed (inter alia) ‘Progressing our digital financial reporting strategy.’
CoreFiling has published an interesting case study giving us a look into XBRL adoption in a new country, with a data modernisation project run by the National Bank of Georgia.
We have recently updated the XBRL Link Role Registry, adding two draft link roles. The new ‘property’ and ‘propertyWithLang’ link roles are intended to provide a standard way to associate key-value metadata with concepts in an XBRL taxonomy.
We enjoyed a recent Accountants Daily article from Simon Grant of Chartered Accountants Australia and New Zealand (CA ANZ) on the need to advance digital reporting in Australia.
The XBRL Standards Board has approved a further Candidate Recommendation of the Calculations 1.1 specification.
As new block tagging requirements get closer for next year’s European Single Electronic Format (ESEF) reporting cycle, a post from Toppan Merrill offers concise compliance insights and best practices.