Author
Andromeda Wood
Length
4 pages
Key Takeaways
- In order to be compliant, companies must have an understanding of the ESEF XBRL®, taxonomy, tagging, audit and filing requirements
- The ESEF is more than a bolt-on compliance exercise, and failure to recognise this could result in inefficiencies and additional costs
- The ESEF is part of a growing trend where reporting is easier and the access, analysis and comparability of financial statements is improved
XBRL® is a trademark of XBRL International, Inc. All rights reserved. The XBRL® standards are open and freely licensed by way of the XBRL International License Agreement.
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