With interest in corporate performance at an all-time high, government agencies and regulators are under more pressure than ever to enable fast, high-quality filings, and data. Enter the iXBRL format (Inline eXtensible Business Reporting Language), a powerful standard...
National Bank of Georgia – Case Study
This is a case study for a data collection modernisation project run by the National Bank of Georgia (“the Bank”). Georgia wishes to accede to the European Union and this project was partly driven by a desire to harmonise with European best regulatory banking...
Multiple Reports, One Document
The original version of the Inline XBRL specification was released over ten years ago with a wide range of features to enable filers to embed XBRL tags within an HTML file, creating a document which is both human-readable and computer readable. In my role as editor of...
Digital Data Standards Case Study
CoreFiling have been helping standards setters write taxonomies for more than a decade. Taxonomies are increasingly important as part of digital standards and are increasingly seen as a core part of the standard itself. We recently completed a project with a standards...
Ultra-Scalable Processing of Filings Using CoreFiling Microservices
For this blog post, I wanted to write about one of our implementations of the True North Data Platform (TNDP) that shows how the microservice architecture we moved to several years ago works to meet the needs of our customers. The TNDP is used by data collectors, such...
A Big Step to More Efficient Taxonomies
It is becoming common for data collection programmes to release versions of taxonomies with an expectation that external stakeholders will provide feedback on issues based on their own testing. Subsequent work and new releases allow the data collector to reach the...
What Do We Do When Taxonomies are Published?
New taxonomies are published by regulators for a variety of reasons, to fix issues, introduce new report types or to apply year-on-year changes. CoreFiling customers are used to being given access to new versions of reports well before they are required, but how do we...
Taxonomy Errors
In this age of digital reporting, hundreds of XBRL taxonomies are published every year. Our analysis at CoreFiling shows that there are a few common mistakes that repeatedly crop up in such taxonomies. These issues can limit their usefulness, slow down implementation...
ESEF Anchoring Statistics
CoreFiling is naturally following the evolution of ESEF reporting and has already taken the opportunity to analyse some of the published filings. One area of interest is how companies are extending the taxonomy using the anchoring mechanism. This type of analysis can...
Misleading Labels – Fraud or Failure?
In my previous blogs, I have talked about how the iXBRL document validation process consists of a number of steps, like a ladder. If the validation process returns a failure at one step, it must stop processing immediately. It must NOT move on to the next step. Why?...