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...