XBRL News about taxonomy updates and derivatives

Here is our pick of the 3 most important XBRL news stories from the last week.  1 2021 IFRS XBRL taxonomy issued The IFRS Foundation has issued its 2021 IFRS Taxonomy. The IFRS Taxonomy is a translation of IFRS Standards into XBRL (eXtensible Business Reporting Language). The IFRS Taxonomy 2021 is consistent with IFRSs as […]

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XBRL: real-time reporting, extensible lists and rulesets

Here is our pick of the 3 most important XBRL news stories this week. 1 Opportunities and challenges of real-time financial reporting This article reviews the implementation of real-time reporting by state and municipal governmental units as a model for analyzing these emerging technologies. We have been advocating real-time financial reporting for a long time […]

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