XBRL Mandates Around the World
Digitisation is increasing rapidly in every walk of life. In the case of business reporting with XBRL, every individual project represents at least hundreds, in most cases thousands or tens of thousands, and for numerous regulators, millions of companies that provide digital versions of business reports in structured form. This week XBRL International has published a new interactive directory to all of the XBRL projects that we are currently aware of around the world.
The standard has been adopted in six continents (Antarctica anyone?) with new projects being implemented constantly. Projects benefit from freely licensed XBRL specifications that give regulators and other implementers freedom to control data definitions, offering better data quality, improved data management and greatly expanded analytics.
With no formal requirement to notify XBRL International when projects use the XBRL standard, it has been challenging to paint a full picture of implementation around the world.
We have been steadily compiling information on active XBRL implementations for more than a year, and have now published the XBRL Project Directory.
The interactive directory contains direct links to underlying legislation, announcements or regulation for the majority of projects listed. XBRL members will shortly also have useful links to supporting resources such as taxonomies, technical documentation and filing instructions for the majority of these projects. The directory is published both as an interactive map and as a list and will be updated regularly.
The list of implementations was compiled using publicly available information, with assistance from regulators and community members. We would like to thank the XBRL community for all of their contributions! Where you discover missing projects, can provide links to relevant legislation, or wish to update XII on a new live XBRL implementation, please provide feedback to info@xbrl.org
Access the XBRL Project Directory here.
