Taxonomy errors

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...
Misleading labels – fraud or failure?

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?...
ESEF – Filing in iXBRL or XHTML?

ESEF – Filing in iXBRL or XHTML?

The ESEF RTS – (EU) 2018/815 [1] – stipulates that: (2) Issuers should prepare their entire annual financial reports in the Extensible Hypertext Markup Language (XHTML) format… (4) …consolidated financial statements in annual financial reports...
Making ESEF filing business as usual

Making ESEF filing business as usual

Following on from our announcement that the True North Data Platform is ready for ESEF, we want to share a little about how our approach to ESEF simplifies and streamlines the user experience. Around 5,000 issuers across Europe will have to produce annual financial...