Whoever you are in Belgium:
• Auditors, Actuaries, Accountants
• Pension funds
• Insurance companies
In 2017, the National Bank of Belgium (NBB) decided to require business reporting to be submitted in the XBRL standard. For insurance companies, this means Solvency II (SII), Interest Rate Risk (IRR) reporting; Institutions for Occupational Retirement Provision (IORP II), for pension funds; Capital Requirements Directive (CRD IV), for banks and investment firms. You may be concerned by the implementation of one or more of these reports.
With Arelle Acsone Edition, Acsone offers a common solution for all types of report required. It allows you to draft, display, validate XBRL reports. Among other features, it also provides Excel support and OneGate encapsulation, whatever the type of report.
As you may already have most of the business data needed to generate your XBRL reports, our solution features a smart converter for transforming your existing data sources into the XBRL format. It works in both directions: from CSV to XBRL and from XBRL to CSV; this later direction is useful for easily extracting data from an existing XBRL report. Alternatively, you may decide to redesign your reporting process around our solution with our help.
In summary, our solution produces XBRL reports in an efficient, intuitive, open and robust way. Icing on the cake, it works on the same way for any taxonomies, present or to come.