Sådan blev KoneCranes klar til ESEF med hjælp fra ParsePort I Europa leder mange børsnoterede virksomheder for tiden efter en ESEF-udbyder, så de kan blive klar til ESEF og indtil for nylig var det finske kranfirma KoneCranes i samme båd. KoneCranes ville gerne forstå hele konceptet bag ESEF, og hvordan slutresultatet skulle se ud, inden […]

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 story behind ESEF

The story behind ESEF This article was first published in the March issue of the digital magazine for financial professionals; ThinkTWENTY20 – please find the pdf version of the magazine on the picture link. In 2013, the transparency directive was amended by the European Securities and Markets Authority (ESMA). The objective of that directive was […]

We are standing trough the corona

Corona – not in our business Private businesses are in desperate need of help – but please do not worry about ParsePort. We have healthy financials, our transition is minimal and we are not suffering any noticeable losses despite our employees having to stay home. We all have to help out, so let the financial […]

EBA january 2020

Updates to ParsePort Banking Templates The final release of the CRD IV 2.9.1 taxonomy has been published and this means that reports in 2020 need to be created with the 2.9.1 version. The reference dates differ between the different kinds of reports: Package 2.9 RESOL to apply from 31/12/2019 Package 2.9 COREP to apply from […]

EIOPA january 2020

Updates to ParsePort Insurance Templates The Solvency II taxonomy has been updated and this means that reports from reference date 31-12-2019 should be reported with taxonomy version 2.4.0. The changes between taxonomy version 2.3.0 and 2.4.0 can be downloaded in an  excel sheet on this link. The biggest changes are found in Sheets S.26.01 and […]

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 […]

Why Denmark is leading within XBRL.

Why Denmark is leading within XBRL I see four reasons why Denmark is one of the leading nations within XBRL, let me explain; 1. Political backup From the very beginning, there has been an ambition and strategy from Danish authorities that XBRL should be a fixed standard in the future in Denmark. Not only within […]

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 […]

A consistent presentation of XBRL instances​

A consistent presentation of XBRL instances The EBA and the EIOPA have been accepting XBRL files for several years now for CRD IV and Solvency II reports. For authorities, XBRL is a giant leap forwards compared to Excel files, since XBRL can process data way more efficient than they ever could do with Excel. However, […]