Delve into the technical foundations of data classification systems and digital reporting standards. Our taxonomy-focused content covers standard development methodologies, schema design principles, relationship engineering between reporting frameworks, and quality assurance practices.
Learn how taxonomies serve as the backbone of digital reporting ecosystems and drive efficiency across multiple regulatory environments.
The European Single Electronic Format (ESEF) has changed how issuers experience the final stage of the audit. However, this changed experience is not the same for all. Issuers around Europe have examined the ESEF software and services markets and have made their...
Introduction The legislation involved in sustainability reporting can sometimes seem like a maze. This guide explores the fundamental aspects of the EU Taxonomy and CSRD, highlighting their synergies and implications for your organisation. With our innovative and...
Introduction My view is that most filing rules shouldn't exist; not in their current form, at least. The EDGAR XBRL Guide is 137 pages of PDF. The ESEF reporting manual is 54 pages of PDF. Every country with an XBRL filing programme has a filer manual, sometimes...
Introduction Integrated Reporting is a comprehensive approach that consolidates crucial information about an organisation's strategy, governance, performance, and prospects, considering its commercial, social, and environmental context. It enables organisations to...
EU Taxonomy reporting To drive forward sustainability goals and define what is meant by sustainable activities, the EU taxonomy has been created. It lists company activities which: Contribute substantially to one or more of the EU’s environmental objectives Do no...
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...
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...
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...
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...
In this post, we consider how relationships between the growing number of digital reporting standards can be engineered to increase the efficiency of the data across reporting ecosystems. Digital standards Reporting standards usually contain a narrative supported by...