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From bookkeeping to automated reporting – XBRL in the Nordics 5.12.2023

Posted on 30.6.2023 by Elina Koskentalo

XBRL Finland together with Nordic colleagues organized a Nordic themed live seminar on the 5th of December, 2023.

The event focused around two main topics; digital annual financial statements and standardising accounting level data.

Detailed information

Date and time: 5.12.2023, 10.30-16.00

Location: Aalto university, Room for 132p Ekonominaukio 1, Espoo, room V001/V002

Program:

10.30-11.30 Pre-program: Deep dive to ESEF workshop, Niels-Peter Rønmos, Xtelligent-data (see details below). Slides available here.

Seminar program: (slides available panel1 panel2)

12.30-12.40 Welcome

12:40-14:00 Annual reporting – Updates from each country and panel discussion

Niels-Peter Rønmos, Xtelligent-data (DK)

Thomas Flank, Bolagsverket (SE)

Håkon Olderbakk, The Brønnøysund Register Centre (NO)

Juho Mäkinen, Finnish Patent and Registration Office (FI)

Moderator: Esko Penttinen, Aalto University

14:00-14:20 Coffee break

14:20-16:00 Accounting level data – Updates from each country and panel discussion

Anttu Osanen, Finnish Tax Administration (FI)

Anitta Ikast Drejer, Danish Business Authority (DK)

Adele Johanson, Ministry of Economic Affairs and Communication (EE)

Peter Flemsjö, Hogia (SE)

Jeanette M. Skovholt, Seniorrådgiver, Skattedirektoratet (NO)

Moderator: Elina Koskentalo, XBRL Finland

16:00-17:00 Cocktail hour

 

Pre-program 10:30-11:30 Deep dive to ESEF workshop, Niels-Peter Rønmos, Xtelligent-data

Within a few years, XBRL reports from ESEF-fillers will be validated to a much greater extent than the case is today. This will be a part of the upcoming introduction of European Single Access Point (ESAP).

In this workshop, we will review a number of Finnish ESEF reports published via the Finnish OAM. The focus will be on some of the automatic validation and checks to be expected as a part of the implementation of ESAP. The validations range from compliance with the XBRL specifications, Formula validation rules, XBRL-calculations and rules from ESMA filling manual.

The workshop wil be conducted by Niels-Peter Rønmos, Xtelligent Data ApS, from Denmark. Niels-Peter has participated in the Danish XBRL mandate since 2010 in various roles and has maintained the Danish taxonomy and the Danish IFRS taxonomy for more than 10 years.

Companies are welcome to propose their own XBRL-report for the workshop by sending a link to the publication, as reported on oam.fi

How to get to Aalto University and where to stay?

The seminar is organized at Aalto University School of Business (Ekonominaukio 1, Espoo) which is located in Otaniemi and is a short metro ride away from the Helsinki city center. Otaniemi is easily accessible from the airport by taxi (around 30 minutes) or by public transport (local train + metro, around one hour). In terms of hotels, participants can stay in Helsinki city center or take one of the hotels located in Otaniemi (it is a short 5-minute walk from these hotels to the Aalto School of Business):

Radisson Blu Hotel, Espoo

https://www.radissonhotels.com/en-us/hotels/radisson-blu-espoo?cid=a:se+b:gmb+c:emea+i:local+e:rdb+d:nob+h:FIHELESP

Heymo.1 by Sokos Hotels

https://www.sokoshotels.fi/fi/espoo/heymo-1

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