Brussels is deep in a complex “omnibus” policy discussion around the shape, scope and size of sustainability reporting requirements. Regardless of the outcome, here at XBRL International, it is our view that for EU markets to remain relevant and competitive, the EU needs to fully embrace digital reporting.
Taxonomy development can feel like a daunting task, but it doesn’t have to be. Last week, the team at XBRL International hosted a 30-minute webinar to share practical insights and guidance on getting it right.
In this week’s stop-press news, we’ve just published new draft guidance on designing an effective XBRL data collection and processing platform.
One for all our technical readers. Just in time for the last newsletter of the year, please do have a look at the updates approved by the XBRL Standards Board on Tuesday and now published:
Missed our recent webinar? Don’t worry! The recording is ready, and it’s packed with insights. In this session, Dr Ben Russell from CoreFiling and Catalina Ibañez from AMANA tackled a question that’s top of mind for many: how to use a single Inline XBRL (iXBRL) document to meet multiple reporting requirements.
XBRL International’s Best Practices Board (BPB) has released new draft guidance on rolling out an XBRL filing programme, now open for public comment. This guidance tackles the challenge of launching a successful digital reporting programme that meets regulators’ needs for accurate, timely data while easing the burden on filers.
On 26 September, we hosted our exclusive member-only webinar, XBRL Directions, focusing on the essentials of managing taxonomy versioning. This 30-minute session was packed with insights on version schemes, planning taxonomy releases, and implementing hot fixes. We also explored how to communicate taxonomy changes effectively to different stakeholders.
Creating digital reports often involves making explicit certain information that legacy, analogue, reports leave implicit. While human readers can infer meaning from context and convention, XBRL requires data to be precise and unambiguous to ensure machines interpret it accurately.
The XBRL Standards Board has approved the publication of an initial Public Working Draft of version 6 of the Inline XBRL Transformation Rules Registry.
The XBRL Standards Board has published a Working Group Note on the topic of “block tagging” in Inline XBRL reports. Block tagging is the practice of tagging text content in a report with Inline XBRL tags.
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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.
