The Nordic Council of Ministers, in 2016, began a program to make real time business data accessible and usable for innovation and growth across the Nordic region in an automatic, consent-based and secure manner. The program began with each country’s business registry but has since expanded to 21 government agencies from across the region. Find out more about Standard Business Reporting in the Nordic Countries.
By Michelle Savage, Vice President, Communications, XBRL US Let global entities submit the same digital report sent to other regulators. Give entities that only report in California an open-source (free) tool. Regulations being developed by the California Air Resources Board (CARB) will require certain entities that do business in California to prepare Greenhouse Gas (GHG) […more]
By David Tauriello, Vice President of Operations, XBRL US For nearly 15 years, every exchange-listed public company has submitted financial data for quarterly and annual statements and disclosures to the US Securities and Exchange Commission (SEC) using the XBRL Standard. One of the challenges often cited to using this data is that the SEC requirement […more]
By Campbell Pryde, President and CEO, XBRL US
The Financial Accounting Standards Board (FASB) released the proposed 2025 version of the Meta Model Relationships Taxonomy (Meta Model Taxonomy) for public review with comments due by November 29, 2024. The Meta Model Taxonomy is an important milestone in XBRL as it promises to revolutionize the way accounting standards can be used.
By Campbell Pryde, President and CEO, XBRL US The cost of government regulation is increasingly seen as a burden by many in Congress and the courts who look to limit the scope of regulatory agencies. At the same time, data collected by regulatory agencies is becoming more important for the functioning of a modern economy. […more]
The national consortium for
the business reporting standard
