Final XBRL News from Pakistan, Ireland and the UK

After more than two years and 130 posts, we are concluding our regular programming on this channel with the following three items, all hailing from XBRL International. Thank you Bernard for providing this platform! Please continue following what’s happening in the world of XBRL by following XBRL International on Twitter and yours truly for tidbits on the epistemology of markets. 

1  XBRL reporting coming soon to Pakistan?

2  Irish Revenue offers advice on tagging errors

Revenue, Ireland’s tax and customs agency, requires financial statements to be submitted in Inline XBRL (iXBRL) as part of corporate tax returns. It has updated its iXBRL Tax and Duty Manual with a new section on tagging errors in iXBRL submissions, highlighting the most common errors seen for taxpayers, their agents and software vendors.

We are taking note of this small country’s way of handling corporate tax reporting and hope to see changes in Switzerland in the not too distant future. 

3  FRC Lab offers tips for net zero disclosures

The UK Financial Reporting Council’s FRC Lab has released a new report on net zero disclosures, offering companies tips and questions to consider in communicating their net zero commitments. It also comes with a related example set.

We just love the succint categorisation commitments, impact and performance. Here’s to clarity of purpose!

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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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