Now that ESMA requires stock exchange companies to report in iXBRL, you might want to know what the possibilieties of Non-Numeric Data in XBRL are.
There are four reasons why Denmark is one of the leading nations within XBRL; political backup, a proactive XBRL association, the nordic model and the enthusiasts within the field.
While several European countries successfully adopted XBRL for financial statements, a new version is already lingering on the horizon. Here you’ll get the latest on iXBRL and ESEF.
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. Find out why XBRL and iXBRL should be represented in a consisten format.