Reporting Standard XBRL software

We are disclosing esef RTS – Q&A in order to provide the key points to report in European Union starting from 2020. If you are a company interested in make business in the EU you must know about esef

The answer is very simple. XBRL was first conceived by an Auditor (Charlie Hoffman CPA) and pushed in the first years by AICPA (American Institute of Certified Public Accountants). This is the reason why, since the beginning, the most important auditing firms (the big four) has been involved in the development. XBRL importance can be appreciated by different points of view: From the functional perspective XBRL would allow auditing firms to collect information about their clients using the same technology by using a common standard (XBRL)...

The three European supervisory authorities (EBA, EIOPA and ESMA – ESAs) Joint Committee has updated a second amendment to the implementing technical standards (its) on the mapping of credit assessments...

XBRL International; the consortium of the XBRL standard in the world; has published an exhaustive list of the countries which are using XBRL currently. Learn more about this directory of projects.

The Friday 22th of March, the European Securities and Markets Authority (ESMA) has developed a Regulatory Technical Standard (RTS) draft setting the electronic reporting format where issuers will prepare their annual financial reports (AFRs) from 1 January 2020. This time, ESMA has update the ESEF Taxonomy Draft in all EU languages; and we, from Reporting Standard, have uploaded the ESEF Illustrated Taxonomy in all EU languages to download for free. ESEF ILLUSTRATED TAXONOMY DRAFT – ALL EU LANGUAGES (https://www...