XBRL SWEDEN
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Sweden
Appendix B: Specification of Electronic Records THIS CHAPTER IS INTENDED AS AN EXAMPLE OF HOW THE SUGGESTED RECOMMENDATION COULD BE USED TO HANDLE SEVERAL JURISDICTIONS. THE TEXT CONTAINED HERE IN IS ONLY VALID FOR SWEDEN, UNLESS OTHERWISE STATED. This appendix specifies requirements and recommendations for different electronic records as stipulated by the different national jurisdictions of XBRL.
7.1
Sweden The regulations regarding financial data are handled by the Swedish Accounting Act (Bokföringslagen 1999:1078) and the Swedish Companies Act (Aktiebolagslagen). According to the Accounting Act, Accounting Records (räkenskapsinformation) are widely described as any information (documents, legal agreements etc.) needed in order to illustrate the financial state of the operation. Specific regulations regarding the Annual Report are also handled by the Annual Accounts Act (Årsredovisningslagen).
7.1.1
Swedish Annual Report The Annual Report 10 (Årsredovisningen) must be in Swedish. It must be available in human readable form. The Annual Report consists of balance sheet, profit and loss account, notes, administration report and cash flow statement (for certain companies) which all are described in the Annual Accounts Act (ÅRL) and further guidelines are also given in notes from the Swedish Accounting Standards Board (BFN). For other accounting information, language is not stipulated.
7.1.2
Requirements for the Swedish XBRL Annual Report The following is REQUIRED for the Swedish XBRL annual report: 1. Contains the information specified by XBRL Sweden taxonomy[11] 2. Personally signed by all members of the board
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As defined in the Swedish Annual Accounts Act (Årsredovisningslagen)
DISCUSSION PAPER: Suggested Recommendation 2004-06-14
15 (26)
XBRL Authenticity of Electronic Records )