Annual and financial reports
Xeditor creates annual and financial reports as well as financial statements in XBRL format and guarantees compliance with the EU-wide ESEF Regulation.
As of January 1, 2020, all on a stock exchange listed companies are required to publish annual and financial reports and financial statements for fiscal years beginning on or after January 1, 2020 in a uniform European electronic format (ESEF). In Germany, this also applies to the individual financial statements of listed companies under commercial law. Additional requirements apply to consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS).The EU Commission has set a technical regulatory standard for an EU-wide electronic reporting format that defines binding requirements for company reports.
Xeditor tags content semantically according to the ESEF specifications and organizes it in XBRL format as it is created. Intelligent author support allows multiple users to work on a report at the same time, while providing intuitive guidance. This saves time, ensures compliance with ESEF requirements and simplifies publication in XHTML format. Xeditor supports standards such as ESEF, XBRL and DocBook. It can be integrated easily into existing systems such as CMS and DMS.
The European Single Electronic Format is the electronic reporting format in which issuers on EU regulated markets shall prepare their annual financial reports from 1 January 2020.
XBRL (eXtensible Business Reporting Language) is an XML-based language used to create electronic financial reporting documents. In particular, financial statements are generated in this language.
DocBook is a document format that is defined in a document type definition (DTD) available for SGML and XML. It is particularly suitable for the creation of books, articles and documentation in the technical environment (hardware or software). DocBook is an open standard maintained by the Organization for the Advancement of Structured Information Standards (OASIS).