Consulting

Introduction

Over the recent years, XBRL has become the preferred language for digital business reporting used notably on the international scene by the IFRS Foundation for setting up accounting standards, as well as in the EU by various institutions at supranational (ESMA, EIOPA, EBA) and at national level (NCAs, stock exchanges, registries, etc.).

XBRL allows indeed for machine-readable treatment of data easing data quality management processes. Thank to a XBRL approach – as conceptualized in the below chart, you will be able to reduce the reporting burden and to speed up your data collection exercise while aligning with the international and EU standard.

Acsone offers consulting services that include assistance in each step of the taxonomy creation process, either in standalone or as a whole process. On top of this, we can also design customized consulting missions based on the study and understanding of your specific requirements. Our team of experts with extensive knowledge over the standard and the taxonomies will assist you in
assessing and mapping your needs and requirements.

Taxonomy creation process