Final draft tagger
Primary financial statements (income statement, balance sheet, statement of cash flows and statement of changes in equity) shall be marked up in detail the Notes instead will need to be marked up by applying mark-ups for whole sections of the notes (block tagging).Preparers shall mark-up disclosures using the taxonomy element having the closest accounting meaning to the marked up disclosure if the closest taxonomy element misrepresents the accounting meaning of the disclosure, issuers shall create a so-called extension taxonomy element and anchor such extension to the core taxonomy element that has the closest accounting meaning.Furthermore, XBRL technical taxonomy files compliant with all relevant technical and legal requirements are published on ESMA’s website to provide guidance to issuers’ in creating their own entity-specific taxonomy
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The schema of the core taxonomy is included in Annex to the RTS. The taxonomy to be used for ESEF is an extension of the IFRS taxonomy. A taxonomy provides the hierarchical structure used to classify financial information and is essential for structured electronic reporting using XBRL.The XBRL ‘tags’ shall be embedded in the XHTML document using the Inline XBRL technology, which allows the benefits of XBRL tagged data to be combined with the human readable presentation of AFRs.
![final draft tagger final draft tagger](https://miro.medium.com/max/1400/1*JElEvmtvz19AfdvlD08JWw.jpeg)
Where AFRs contains IFRS consolidated financial statements, these shall be labelled the XBRL ‘tags’, which make the labelled disclosures structured and machine-readable.All AFRs shall be prepared in XHMTL, which is human readable and can be opened with any standard web browsers.Since rarely is the file named the same thing as the actual story, (especially when you’re on your third rewrite) this seems like an unnecessary and irritating feature.T he RTS on ESEFwill apply to all issuers subject to the requirements contained in the Transparency Directive to make public AFRs. Finally, a feature that is a little annoying is when you change the name of your story on the title page, the file name automatically updates to match. Its menus are also icon-based, not named which takes a little getting used to. There’s no dragging and dropping within folders the way you would on your personal harddrive, instead you have to step back through previous pages to the page where your folder structure lives. The downsides are its file management which, again, are comparable to the browser version of Google Drive. It also has a handy Notes feature that allows writers to drop a post-it, and start a thread about a specific scene or line, without having to start a separate notes document. The collaboration feature also works effectively in real-time, with new stage direction and dialogue updating at speeds akin to working a Google Doc. Therefore, it has none of the compatibility issues people experience with Final Draft.
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Final draft tagger software#
A late-comer onto the online screenplay software scene, Writer Duet quickly established itself as a viable substitute to Final Draft and is favored among writing partners working remotely (sound familiar?).