With Clausion ESEF Reporting Tool, meeting the ESEF reporting

requirements is as easy as saving an Excel file.

No added workload

No added workload

Prepare your group financial statements in the required ESEF format. Mapping for taxonomies is a one-time task – Clausion ESEF Reporting Tool does the rest.

Easy to use

Easy to use

Clausion ESEF Reporting Tool is an easy to use cloud service. Publishing your report only takes a couple of clicks.

Work in Excel

Work in Excel

Publishing an Annual Financial Report can be done from Excel. You don’t need to learn a new tool to create XBRL reports.

Create an ESEF-compliant financial report in three simple steps.

1. Map your data

1. Map your data

Tag your data according to the ESEF taxonomies. With customer-specific taxonomies, Clausion guides you to the correct mappings when needed.

2. Check iXBRL tags

2. Check iXBRL tags

Use Clausion iXBRL Viewer to check the tagging in a web browser.

3. Save your report

3. Save your report

You can also add text and images in your report. When ready, publish your report in xHTML format.

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ESMA and ESEF

ESMA (European Securities and Markets Authority) is responsible for developing a common European Single Electronic Format (ESEF) for European listed companies. According to ESEF, financial statements and management reports are created in the xHTML format, so that group consolidation data is tagged with XBRL tags.

Useful links

ESMA
IFRS Foundation

ESEF schedule and requirements

Issuers on EU regulated markets must prepare their annual financial reports in the ESEF format from 2020.

xHTML

The required format for reports is xHTML, which can be opened with any standard web browser.

Annual financial report in xHTML format

Annual financial report in xHTML format

starting in 2020

Audited financial statements

Audited financial statements

IFRS-consolidated financial statements

Parent company’s separate financial statements (IFRS or local GAAP)

Management report

Management report

XBRL tagging using iXBRL technology

IFRS consolidated financial statements must be labelled with XBRL tags, which are embedded in the xHTML document using the iXBRL (Inline XBRL) technology.

IFRS-consolidated financial statements

IFRS-consolidated financial statements

Primary financial statements (P/L, BS, CF, Equity)

Primary financial statements (P/L, BS, CF, Equity)

obligatory from 2020

Notes to financial statements

Notes to financial statements

obligatory from 2022

What is XBRL?

XBRL (Extensible Business Reporting Language) is an XML-based markup language used for digital business reporting. With the XBRL standard, creating and handling financial statements and other business documents can be automated.

The XBRL standard itself does not restrict what kind of data can be reported. XBRL definitions, called taxonomies, can be created freely. Financial regulators and other authorities define taxonomies based on their needs.

Clausion is a forerunner in XBRL. We help our customers to easily implement XBRL and ESEF reporting projects.