As Finland moves to digital-first reporting, Workiva offers the Finland 2025 taxonomies so you can tag and generate iXBRL reports for Finnish filings. Reporting for Finland uses the same iXBRL experience as other taxonomies in the Workiva platform.
Before you start, review the existing iXBRL articles, including creating XBRL profiles, tagging XBRL facts, and generating XBRL as they apply to Finland reporting as well.
This article covers what is different for Finland. Those with the XBRL Manager role can:
- Create a Finland XBRL profile by choosing the taxonomy, registrar, and reporting entry point.
- Tag dates for Finland facts and understand how prior period data is reported.
- Choose an XBRL outline that fits your disclosures.
- Create extension concepts and anchor them to the taxonomy.
- Tag filing indicators for Finnish Accounting Standards (FAS) reports.
- Generate and download your filing documents.
Create a Finland XBRL profile
Users with the XBRL Manager role can create XBRL profiles, where XBRL taxonomies are enabled. If you already have an ESEF XBRL profile, use taxonomy migration to move to a Finland taxonomy instead of creating a new profile.
To create a Finland profile, follow the steps in Create an XBRL profile and make these Finland selections:
- In Taxonomy, search for Finland and select the taxonomy for your report: Finland 2025, Finland 2025 (ESEF 2025), or Finland 2025 (IFRS - IAS 1).
- In Registrar, select Business ID or Legal Entity Identifier.
- In Finland Reporting Type, select the entry point for your industry: Limited Companies (OYTP), Insurance Companies (VYTP), or Credit Institutions and Investment Companies. SBR only contains both Consolidated and Individual entry points for the industries. For any report containing any Consolidated data, select the Consolidated entry point, even if it also contains Individual data.
Note: The Finland 2025 taxonomies include entry points for the relevant industries. Both the ESEF and IFRS versions use the IAS 1 version as their base.
Tag dates for Finland facts
With the XBRL Manager role, you can also manage fiscal calendars and special dates and apply them to facts. Rolling forward dates works the same as for other taxonomies.
Finland SBR facts follow two date rules:
- Facts tagged with the Finland taxonomy always use the current reporting period as the date.
- Prior period data is reported with a dimension that marks it as prior period. The axis is Reference time or period. The member varies by disclosure.
Choose an XBRL outline
You can also can work with the XBRL outline with the XBRL Manager role. Which outline you see depends on your disclosures.
Editable outline
The editable outline gives you explicit control over the presentation, label, calculation, and definition linkbases. Disclosures aligned to ESEF and IFRS must manage an editable outline.
Static outline
The static outline is used for disclosures aligned to the Finland taxonomy. It supports drag and drop fact tagging and review workflows.
Create extension concepts
Users with the XBRL Manager role can also create extension concepts. Create an extension when the taxonomy has no concept with the accounting meaning of your reporting value. The Finland, ESEF, and IFRS taxonomies all allow extension concepts.
Keep these rules in mind:
- ESEF & IFRS tagging should follow the existing rules of ESEF tagging for anchoring.
- Finland SBR tagging can only create extension members on the Main Category axis. These members must be anchored using wider/narrower capabilities.
- Map the data type of an extension member back to the accounting standard member: IFRS Member or FAS Member (Finnish Accounting Standard).
For details, see Extension and anchors.
Tag filing indicators
If you have the XBRL Manager role, you can tag filing indicators. Filing indicators are codes that tell the regulator which reporting frameworks your filing uses when you report under Finnish Accounting Standards (FAS). These are required to be tagged when financial statements are reported in FAS.
Filing indicators do not appear in the report, so tag them in a non-printing section. To tag them:
- Determine appropriate value for facts. These can be determined by reviewing the relevant XBRL Outline section in the Static Outline. For example, ‘Balance Sheet (Accounting Ordinance)’ would need a value of ‘y-t04.03’.
- Tag each value with the find_filingIndicator concept.
- Set the date to the current reporting period.
Generate and download your filing documents
Those with the XBRL Manager role can generate XBRL. Generation creates and validates your filing documents and produces files that help you review them.
To download your filing documents, use the XBRL Generation panel.
Note: You submit the filing outside the Workiva platform.
What's next?
Learn more about creating XBRL profiles, tagging XBRL facts, and generating XBRL.