How does the ‘xbrl plus’ module meet the requirements of the EU regulation?
The leading publishing system ns.publish offers the ‘xbrl plus’ module, a built-in solution based on the ‘single source of truth’ approach. xbrl plus helps you implement the ESMA regulation in-house, with an integrated approach that means all financial reporting can be carried out simultaneously from a single data source without platform disruption. xbrl plus ensures intelligent and automatic generation of customer-specific taxonomies for quick and easy ESEF reporting directly from ns.publish. Once established, mappings can simply be transferred to subsequent years.
More and more companies are using editorial systems and disclosure management tools for automated reporting processes. However, each company needs to find its own way of handling ESEF. ns.publish integrates all aspects of reporting into one solution.
As a strategic partner with many years of experience, we offer companies tailored advice and model their specific solutions on a typical use case.
For preparation, creation and publication, ns.publish offers all of the implementation steps for ESEF reporting from a single source with the xbrl plus module – with a partner, but without error-prone interfaces. And it creates other publication formats at the same time. It’s incredibly simple and secure.
xbrl plus enables the numerical values to be directly assigned to the appropriate IFRS tags or users to create their own extension tags. The companyspecific ESEF taxonomy is created on-the-fly and integrated into the ESEF package.