The Swedish Standards Institute has approved XBRL as a national standard for electronic reporting and exchange of financial information between organizations in that country. The standard – SS 40100:2015 – specifies basic requirements to enable the concept of harmonization, transparency, accessibility and quality of taxonomies for financial information. The Swedish standard was developed by Skatteverket (The Swedish Tax Agency), Bolagsverket (Swedish Companies Registration Office), Finansinspektionen (Sweden’s financial supervisory authority), SCB (Statistics Sweden) and XBRL Sweden. Read more…
Volition LLP is a management consulting firm, which has been extensively involved in XBRL and iXBRL conversion services for jurisdictions across the globe, like the US, UK, India, Singapore etc.