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Explore IT initiatives for Business Registers, including BRIS reusability study and how to improve comparability. Learn about BACH and ERICA for harmonized financial data. Discover synergies between xEBR, BACH, and ECCBSO to enhance cross-border business insights.
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xEBR Working Group [Brussels 24-26 Nov. 2014]
1 IT initiatives for BRIS & Comparability study 3 2 • Synergies xEBR // BACH • ECCBSO - BACH and ERICA 4 Annex INDEX
IT initiatives for Business Registers BRIS - Reusability Study September 25th 2014
How to improve ? How to convince ? Criterion not met
European Committee of Central Balance-Sheet Data Offices BACH Bank for the Accounts of Companies Harmonised Open to public Local gaap Harmonised and Agregated ERICA European Records of IFRS Consolidated Accounts Not open to public IFRS for Statistiscal uses xEBR invited to develop synergies withBACH (Bucharest 09/14) & ECCBSO (Madera 10/2014).
BACH overview Extracts from “GET INSIGHTS INTO 2012 DATA” BACH July 2014 edition
Synergies xEBR // BACH exchanging economical information on European companies xEBR : each individual filing BACH : statistical information improving cross-border comparability Matching links between local taxonomies and xEBR core reference pivot Deviation tables in BACH User Guide giving access to economical data from balance sheets Experience in XBRL taxonomyfor electronic balance sheets Experience in collection and analysisof European balance sheets
Annex – Assessment of xEBR vocabulary BRIS – Reusability Study Final 2014/09/25
Questions & Contacts Thomas VERDIN thomas.verdin@xbrl-eu.org xEBR WG