The Complete Guide to the Fundamentals of the European Single Electronic Format (ESEF)

Key Takeaways

• In order to be compliant, companies must have an understanding of the ESEF XBRL^®, taxonomy, tagging, audit and filing requirements
• The ESEF is more than a bolt-on compliance exercise, and failure to recognise this could result in inefficiencies and additional costs
• The ESEF is part of a growing trend where reporting is easier and the access, analysis and comparability of financial statements is improved

XBRL^® is a trademark of XBRL International, Inc. All rights reserved. The XBRL^® standards are open and freely licensed by way of the XBRL International License Agreement.