The Danish Business Authority – Machine Learning The Danish Business Authority, Erhvervsstyrelsen, is exploring cutting edge ways to apply a number of machine learning techniques to predict possible corporate failures. It is using the XBRL financial statements that it collects
Taxonomy Registry API
Taxonomy Registry API A test version of an API for the XBRL Taxonomy Registry has been launched recently. The Taxonomy Registry is a repository of information about XBRL taxonomies from around the world, and the API provides a mechanism for
How to publish a new Taxonomy
How to publish a Taxonomy? What are Taxonomy Packages? Taxonomy is at the heart of an XBRL program, publishing taxonomies for stakeholder consumption needs to be given a careful thought. Guidance note now is available for taxonomy owners. The Best
Ukraine Moves To Minimise Red Tape-Centralise Reporting
Ukraine Moves To Minimise Red Tape, Centralise Reporting After a significant amount of preparation and planning, Ukraine this week announced plans to move towards a “Hub and Spoke” based single financial reporting system using XBRL. Following passage of new accounting
Need to Model Multiple Entities in a Taxonomy
Need to Model Multiple Entities in a Taxonomy The Best Practices Board’s Taxonomy Architecture Guidance Task Force (TAGTF) has developed guidance on the right way to prepare XBRL taxonomies for reports referencing multiple entities. The new TAGTF guidance note describes