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XBRL News from both sides of the Channel and the future

ọjọ:

Eyi ni awọn idagbasoke mẹta ti o yẹ julọ ni agbaye ti ijabọ iṣeto ti a ti mọ ni ipa ti ọsẹ to kọja.

1  Going digital: FRC offers advice on structured reporting transition

A highly useful new report from the UK Financial Reporting Council’s Financial Reporting Lab aims to support companies in the move towards high-quality digital reporting. Titled ‘Structured reporting: an early implementation study,’ it draws on a review of 50 early structured reports from across the UK and Europe as companies begin the transition to the Inline XBRL-based European Single Electronic Format (ESEF). These were either prepared voluntarily or originated in countries where ESEF requirements have already come into force this year.

We are happy to see that the UK FRC is not just signing off from this important EU initiative!

2  The future is here: xBRL-CSV and xBRL-JSON reach Recommendation status

Celebrate with us as we open another exciting chapter in the XBRL story! We are absolutely delighted to announce that XBRL International’s suite of new specifications, among them xBRL-CSV and xBRL-JSON, was unanimously approved to final Recommendation status by our Board of Directors on 13 October. These bring new and flexible ways to get the most out of digital reporting with XBRL.

Great news! But we still don’t know why the x in xBRL is small caps …

3  A “small revolution”: a French perspective on ESEF and its opportunities

We were interested this week to read reflections on the changeover to the European Single Electronic Format (ESEF) and Inline XBRL for financial reporting in Europe, from members of the French Society of Financial Analysts (SFAF, La Société Française des Analystes Financiers) Evaluation Commission. For the authors, digitisation is a radical and irreversible change that brings a new reporting landscape of risks and opportunities, and must be embraced. “It is imperative that analysts become familiar with the possibilities offered by this technology,” they argue.

We could not agree more with the stated need for financial analysts to understand and take advantage of the new information channels provided by structured reporting!

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Onigbagb Dreyer CFA jẹ olokiki daradara ni awọn iyika Fintech Swiss bi amoye ni XBRL ati ijabọ owo fun awọn oludokoowo.

 A ni idiwọ ti ara ẹni ti awọn itan iroyin 3 ni ọsẹ kọọkan nitori a sin awọn oludari agba ti o nšišẹ ni Fintech ti o nilo alaye to kan lati tẹsiwaju pẹlu iṣẹ wọn.

 Fun ọrọ-ọrọ lori XBRL jọwọ ka ifihan yii si Ọsẹ XBRL wa ni ọdun 2016 ati ka awọn nkan ti a samisi XBRL ninu awọn iwe-ipamọ wa. 

 New onkawe si le ka 3 free ìwé. Si  di omo egbe pẹlu wiwọle ni kikun si gbogbo awọn ti Daily Fintech nfunni, idiyele jẹ USD 143 ni ọdun kan (= USD 0.39 fun ọjọ kan tabi USD 2.75 fun ọsẹ kan). Fun kere ju ife kọfi kan o gba ọsẹ kan ti o kun fun caffeine fun ọkan.

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Source: https://dailyfintech.com/2021/10/21/xbrl-news-from-both-sides-of-the-channel-and-the-future/

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