The webinar served as an introduction to the published first edition of the XBRL Taxonomy Development Handbook (TDH), a detailed guide that provides a reference for XBRL taxonomy development, implementation, and maintenance. The TDH serves as the first comprehensive source of information and guidance pertaining to XBRL taxonomydevelopment, covering topics ranging from data modeling and structure to freely available XBRL taxonomy development tools to long-term taxonomy governance. The handbook also includes templates for key XBRL documentation, including a white paper, an XBRL overview, a taxonomy guide, and guides for preparers and data consumers. The TDH was developed by the XBRL US Domain Steering Committee and has now been released in its first edition following a 90-day public review period that ended on February 21, 2020.

Highlighted topics from the online Taxonomy Development Handbook presentation include:

• How the TDH Explains XBRL
• An Introduction to XBRL
• Structuring Data
• Documenting a Taxonomy
• Success Stories

The live seminar concluded with information regarding the Regulator Workshop Webinar Series planned for September 16th at 3:00 pm EDT. This will be the first in a series of live events that will focus on helping regulators know how they can best work with XBRL to build good quality standards programs.

XBRL US is a not-for-profit organization supporting the implementation of digital business reporting standards through the development of taxonomies for use by US public and private sectors with the goal of interoperability between sectors. XBRL US also promotes XBRL adoption through marketplace collaboration. Novaworks is proud to have been a major contributor to the Taxonomy Development Handbook and will continue to collaborate with XBRL US in supporting the XBRL community and structured data standards.

Sources:

XBRL Taxonomy Development Handbook (xbrl.us)

Roadmap to Build Successful Data Standards (youtube.com)