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Old 12-29-2018, 11:11 PM
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Default How you guys think about XBRL tools in the future business world?

I guess XBRL is a strange term for US actuaries

because NAIC uses XML as their regulatory reporting basics
https://www.naic.org/documents/commi...nal_report.pdf

but XBRL seems a new new field in Europe
https://assets.kpmg.com/content/dam/...ng-systems.pdf

Look back to US, US SEC votes to mandate XBRL in 2018 June
https://www.xbrl.org/news/us-sec-vot...e-inline-xbrl/

How's your comments on XBRL?

Last edited by sanki; 12-31-2018 at 02:00 AM..
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Old 01-01-2019, 11:55 PM
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According to:
https://www.monitordaily.com/news-po...omy-available/

The Taxonomies are available on the FASB’s XBRL pages and through the following links:

1. 2019 GAAP Financial Reporting Taxonomy:
https://www.fasb.org/cs/ContentServe...%2FSectionPage

2. 2019 SRT:
https://www.fasb.org/cs/ContentServe...%2FSectionPage
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Old 01-10-2019, 08:07 PM
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Insurance and Banking Consultancies Find Significant Benefits When Switching to a Cloud Based XBRL Reporting Platform

https://www.prnewswire.com/news-rele...300774016.html

Quote:
Actuelia is a perfect example of this trend. Providing a full range of actuarial and consulting services, Actuelia offers its insurance clients access to a broad range of experts, thereby guaranteeing the best level of advice in risk analysis and helping insurance firms respond quickly to rapidly evolving competition, product complexity, and regulatory reporting requirements. It was already using UBPartner's flexible XBRL Toolkit (XT) installing it on their clients' local desktops. However, to manage the resourcing demands needed to expand its Solvency 2 reporting services, it decided to move its XBRL conversion and validation activities onto the UBPartner XT Cloud Service. This solution provides the same easy-to-use tools and fully mapped Solvency II templates on a 'Software as a Service (SAAS)' basis, devolving responsibility for IT support to UBPartner.

Ease of implementation and scalability

Frank Boukobza of Actuelia stated: "We are a growing actuarial service company seeking to provide additional value to our customers where we can. UBPartner's XBRL tools are simple to use and allowed us to better help our customers to generate reports for Solvency 2. When UBPartner told us that we could use the same tools over the web, providing more collaboration and removing the hassle of maintaining and updating the software, we were very keen to try it."

Last edited by sanki; 01-12-2019 at 05:14 PM..
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Old 01-12-2019, 04:59 PM
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1. Getting Started for XBRL Developers
https://www.xbrl.org/the-standard/ho...or-developers/

2. XBRL Generation, as easy as a database (from addactis® Actuarial & Software solutions)
http://www.addactis.com/wp-content/u...neration_C.pdf
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