XBRL Taxonomies

XBRL US Releases Taxonomy Approval Metrics and Process for Public Review

On March 6th, the XBRL US Domain Steering Committee, approved and posted a new XBRL US reference document for a 30-day review period, the Taxonomy Approval Metrics & Process (TAM). TAM establishes standards for the development of XBRL taxonomies and supporting materials from the perspective of systems development. This set of metrics will be used as an integral part of the Taxonomy Approval Process that certifies taxonomies, which is a necessary step in producing consistent, […]

BSE - XBRL Conversion - XBRL Taxonomies

BSE launches ‘XBRL Taxonomies’ in public domain

MUMBAI: BSE has provided ‘XBRL Taxonomies’, an electronic dictionary for business and financial terms, in the public domain to help listed companies create their own software for filing of relevant disclosure reports with the stock exchange. ‘XBRL Taxonomies’ is available in the public domain for 5 reports including shareholding patterns, financial results and corporate governance which are required to be filed by listed companies under the listing regulations. Besides, the new facility is available for […]

XBRL Taxonomies

XBRL: The new business language

Industry needs to master the new tool for reporting financial statements and understand its implications On March 31, 2011, the Ministry of Corporate Affairs (MCA) issued a circular mandating all listed companies and certain unlisted companies to file their balance sheets and profit and loss accounts (financial statements) for the year ended March 31, 2011, onward using an eXtensible Business Reporting Language (XBRL) format. This circular is a significant step for the country’s move towards […]