Simplified Tagging for Beginners

Simplified Tagging for Beginners The question we hear most often is, “How can it be this easy? With other ESEF providers we have to spend hours upon hours tagging, and with you it’s all handled for us. What’s the catch?” In truth, there is no catch. We could go on to explain how we have […]

KoneCranes became ESEF Ready with ParsePort

How KoneCranes became ESEF Ready with ParsePort These days, many publicly listed companies are on the market for an ESEF solution provider in order to live up to the ESEF mandate and Finnish company KoneCranes was no different. Going into the process of selecting an ESEF provider the team at KoneCranes wanted to understand the […]

The importance of proper XBRL tagging for data analysis

The importance of proper XBRL tagging for data analysis XBRL can have some major upsides with regards of automatically analyzing a lot of financial data. It can make quite a difference in the perspectives of analytic speed and precision. But just as with all business intelligence, data quality is key. We all know the saying […]

The possibilities of non-numeric data in XBRL

Possibilities of non-numeric data in XBRL Now that ESMA requires stock exchange companies to report in iXBRL, there has been some discussion in the Netherlands regarding the filing of annual reports by large companies that are not listed. The listed companies only have to report the consolidated figures in XBRL; all other non-numeric information can […]

The Impact Of The Letter i

The Impact Of The Letter “i” While several European countries successfully adopted XBRL for financial statements, a new version is already lingering on the horizon. From reporting year 2020, stock exchange companies within the European Union are required to report their financial statements using the ESEF XBRL taxonomy. Instead of creating regular XBRL files, they […]