on 2024 Jul 14 8:32 AM
Hi Experts,
How do we determine which XBRL scenario is required for the reporting authority? I am building for the Israel Securities Authority that uses IFRS tagging.
Based on the help Mapper is for SEC and template for EU so it would seem that the XBRL template scenario should be installed.
Any ideas?
Regards,
Eyal
@Eyal_Feiler , thank you for clarification, the distinction between regulators wasn't evident to me before.
In this case there's no officially supported and recommended scenario, and you can check what fits best based on your own understanding of the reporting standard.
Template method is generally used when the reporting format is strict (table-like data input forms) and no new elements are allowed in the taxonomy, while mapping method is used with extended taxonomies and when tags are added on top of an existing financial report with tables and narratives.
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