Here is our pick of the 3 most important XBRL news stories from the last week.
1 EBA releases phase 2 of its 3.1 reporting framework
The European Banking Authority (EBA) published phase 2 of its 3.1 reporting framework. The technical package supports the implementation of the reporting framework by providing standard specifications and includes the validation rules, the Data Point Model (DPM) and the XBRL taxonomies for version 3.1.
This is important because, well, banks are, still. And they have to report to the authorities in XBRL.
2 Updated version of our free Excel add-in is available …
An updated version of our free Excel add-in is available in Microsoft’s AppSource store. The latest release of XBRL Filed Data gives users faster and better control over data returned by queries created in the taskpane for as-filed SEC data. Plus, we’ve added new output options, more endpoints for taskpane queries and optimized field layout and defaults. SEC filers and XBRL US Members can now also use the add-in to check filings for Data Quality Committee and SEC Filer Member issues in Excel and save time by using the tool.
For those of us who have ditched client based software altogether, the same goes for Google Sheets, of course. Learn more here.
3 Bulk download of filings.xbrl.org data available to XBRL members
As you may be aware, XBRL International is hosting a repository of ESEF reports at https://filings.xbrl.org/. The repository makes the filings available as raw ZIP files, extracted xBRL-JSON data, and in an Inline XBRL Viewer. As an XBRL member, you can get access to a GitLab repository containing all filings in the repository. This provides an easy bulk download of all filing data, as well as a convenient way to keep up-to-date with any new filings.
One of the many benefits of XBRL membership … just saying!
Christian Dreyer CFA is well known in Swiss Fintech circles as an expert in XBRL and financial reporting for investors.
We have a self-imposed constraint of 3 news stories each week because we serve busy senior leaders in Fintech who need just enough information to get on with their job.
For context on XBRL please read this introduction to our XBRL Week in 2016 and read articles tagged XBRL in our archives.
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