The Investment Company Institute (ICI) published in July 2020 a report on “Funds’ Use of ESG Integration and Sustainable Investing Strategies: An Introduction”. ICI established an ESG Working Group to review and address how funds describe ESG integration and sustainable investing strategies. The group determined that it would be good practice for funds to use […more]
The XBRL US Surety Working Group has published a business case Data Standards in Surety Underwriting, which outlines alternatives to bring standards into the surety underwriting process and recommends the use of XBRL to improve efficiency and timeliness. The following issues with today’s surety underwriting process can be improved through standards: High costs. Entering data by hand into […more]
The European Commission (EC) has announced a public consultation paper, EFRAG Due Process Procedures on EU Sustainability Reporting Standard-Setting, that outlines requirements that will be followed in the European Financial Reporting Advisory Group’s (EFRAG) role as technical advisor to the EC in preparation for Sustainability Reporting Standards. EFRAG has been tasked with developing the draft […more]
Richard Berner, Executive-in-Residence at the Center for Global Economy and Business at the NYU Stern School of Business, and Adjunct Professor in the Department of Economics, and Kathryn Judge, Professor of Law at Columbia Law School.  from New York University and Columbia have written a white paper, The Data Standardization Challenge, which examines the numerous public […more]
XBRL International, on behalf of all 19 national jurisdictions, submitted a comment letter to the IFRS Foundation providing input to their Consultation Paper on Sustainability Reporting. The Foundation received 361 comment letters.  The XII letter supported the proposed creation of a Sustainability Standards Board (SSB) which was outlined in the consultation paper. The XII letter […more]
Attend this 50 minute webinar for an in-depth review of how to prepare annual FERC Form 60 in machine-readable (XBRL) format, in compliance with new FERC requirements. Learn what to expect from a vendor, questions to ask, processes to put in place internally, and lessons learned from other XBRL programs. CPE credit will be available […more]
This paper discusses state-of-the-art technology issues in XBRL development and maintenance with contributions from XBRL US members.
The rule evaluates if the dimensional values reported in the financial statements are equal to the reported sum of these dimensional values. Both the dimensional values and the aggregate value need to be reported in the financial statement. The rule checks a limited amount of axes.
The national consortium for
the business reporting standard
