tagging is sharing: enriched data for use and...
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A SURVEY OF XBRL IMPLEMENTATIONS 2013
TAGGING IS SHARING: ENRICHED DATA FOR USE AND ANALYSIS
A SURVEY OF XBRL IMPLEMENTATIONS 2013
TAGGING IS SHARING: • This is not the complete canonical source of
XBRL activity, it’s what has been reported back via XII during March 2013.
• Only includes implemented, not planned or in progress projects.
• Some growth projections have been included • This information is provided courtesy of XBRL
jurisdictions world-wide
Global Activity: Europe 2013
Number of filings per year
Note: this data based on information provided by XII jurisdictions, may not represent total XBRL implementations globally
Companies House:
1,100,000 HMRC:
1,600,000
FSA Finland: 1,817
FarmFirms 1,000
Belgian GAAP: 390,000
Ministry of Finance: 343,000
Danish Business Authority:
61,000
Comission de Surveillance du
Secteur Financier, Luxembourg:
25,600
ES GAAP: 600,000
Bank of Spain: 40,000
Bolagsverker:100
Revenue Commissioners:
5,000 Central Bank Ireland: 100
Bundesbank: 40,000
German Tax Authority: 1,000,000
NL Chamber of Commerce: 10,000 NL Tax Authority:
263,000 Netherlands Bank:
1,000
InfoCamere Italian GAAP:
1,000,000
Global Activity: Rest of World 2013
Number of filings per year
Shenzhen Stock Exchange: 1,347
Shanghai Stock Exchange: 922
CAS Taxonomy: 114
Emirates Securities &
Commodities: 38
Canadian Securities Regulators: 200
The Deposit Insurance Corporation of Ontario: 139
Cayman Isles Monetary Authority:
20,000 filings
Indian Minstry of Corporate
Affairs: 28,000
Australian Standard Business
Reporting: 100,000
USA SEC: 32,000FDIC: 30,000
Japan FSA: 4,500Tokyo Stock Exchange:
4,500
Note: this data based on information provided by XII jurisdictions, may not represent total XBRL implementations globally
Implementations by Type Breakdown of current projects by type
47%
18%
16%
9%
7% 4% Financial Regulator,SecuritiesFinancial Regulator, Bank
Business Register
(Standard) BusinessReportingTax Regulator
Other
Voluntary and mandatory filings, public availability
0 10 20 30 40
Mandatory
Voluntary
not available to publicpublicly available
Number of implementations
Who’s filing where? The volumes
27%
20% 18%
7%
7%
6%
2% 1% 1%
11% HMRC UKInfoCamereCompanies House UKBundesbank GermanyNational Bank of BelgiumMinistry of Finance BelgiumSBR AustraliaDBASEC, USAothers
The top 9 projects account for 89% of all filings submitted
The trend – is upward Number of XBRL filings per year, ‘000s
2008 2012 2014
2,000
4,000
6,000
8,000
10,000
2010
1,000
The trend – is upward
0
20000
40000
60000
80000
100000
120000
2008 2010 2012 2014
total data elements for analysis, 000
total data elements foranalysis, 000
The trend – is upward
0
1000
2000
3000
4000
5000
6000
7000
8000
2008 2010 2012 2014
data elements per year, 000
data elements per year,000
This represents the estimated number of XBRL data elements available for public consumption and analysis
Growth Beyond 2013: Opportunities for structured data analysis
Standard Business
Reporting
Statistical
Tax Regulation
IntegratedReporting
Environmental Reporting
EU BankingCRD IV
Solvency II
Tender Offer Notification and ShareholdingsCorporate
Actions
News Releases
Industry Specific Metrics
Other Financial
Regulators
Islamic Banking
andInsurance
Growth Beyond 2013: Planned and ongoing implementations
Keeping up to date ……….. If you are currently
planning or implementing an XBRL solution, please let
XBRL International know
• http://www.xbrl.org/knowledge_centre/projects/map
XBRL Tooling:
XII provides the opportunity for XBRL tooling vendors to list their tooling here, whether for
analysis, processing or taxonomy creation http://www.xbrl.org/tools-and-services
Best Practices Board Current BPB initiatives for this year include:
•Consumption and downstream use of XBRL data •Improving the quality of data submitted and consumed in XBRL •XBRL for non-financial reporting •Taxonomy implementation guidance •Taxonomy Architecture guidance •Taxonomy recognition processes
If you have a story to tell; experience to bring; or want to be a part of sharing and promoting XBRL Best Practice, BPB wants to hear from you.......