After more than two years and 130 posts, we are concluding our regular programming on this channel with the following three items, all hailing from XBRL International. Thank you Bernard for providing this platform! Please continue following what’s happening in the world of XBRL by following XBRL International on Twitter and yours truly for tidbits on the epistemology of markets.
Revenue, Ireland’s tax and customs agency, requires financial statements to be submitted in Inline XBRL (iXBRL) as part of corporate tax returns. It has updated its iXBRL Tax and Duty Manual with a new section on tagging errors in iXBRL submissions, highlighting the most common errors seen for taxpayers, their agents and software vendors.
We are taking note of this small country’s way of handling corporate tax reporting and hope to see changes in Switzerland in the not too distant future.
The UK Financial Reporting Council’s FRC Lab has released a new report on net zero disclosures, offering companies tips and questions to consider in communicating their net zero commitments. It also comes with a related example set.
We just love the succint categorisation commitments, impact and performance. Here’s to clarity of purpose!
Christian Dreyer CFA is well known in Swiss Fintech circles as an expert in XBRL and financial reporting for investors.
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