XBRL for Granular Data a Focus at Data Amplified
There is increasing interest in granular data from financial regulators worldwide. There is also an increasing use of structured data using XBRL taxonomies within very large data collections, including inside enterprises. Combined, these new developments mean that our standards need to provide new ways to exchange information in highly efficient ways.
What’s Missing from Regulation S-K?
On August 8 the Securities and Exchange Commission (SEC) published a proposed amendment, the Modernization of Regulation S-K, which aims to revise and modernise Regulation S-K, which governs a host of non-financial disclosures by US registrants.
California Vote for State-level XBRL
In a significant step forward for municipal reporting standards this week the California Assembly passed a bill that will set the state on the path to machine-readable reporting.
Japan looks to Suptech Automation for Financial Monitoring
The Japanese Financial Services Agency (JFSA) has a bold plan to put Suptech (supervisory technology) to use in improving the sophistication and efficiency of its financial supervision.
Big Data Could Warn of Company Distress
The Danish Business Authority, one of Early Warning Europe’s 15 partners has developed a machine learning tool that uses publicly available accounting data to identify companies in financial distress.
