FRC Guidance. Accelerating Investor Use
The UK’s Financial Reporting Council (FRC) has published new suggestions for corporates responsible for reporting in Inline XBRL to the UK’s National Storage Mechanism. We think it should be required reading for all companies reporting in Inline XBRL, wherever they are.
A short delay. But don’t delay
In a speech on Tuesday at the EFRAG conference, European Commissioner Mairead McGuinness provided a public indication of something that we have been expecting for some time. As things stand, the steps required to formalise the EFRAG sustainability reporting (ESRS) taxonomy as official EU regulations will be delayed.
XBRL spearheads trust and transparency in Korean financial landscape
In a recent interview with Mr Lee Byungrhae (이 병 래 ), Secretary General of XBRL Korea and Vice Chairman of the Korean Institute of Certified Public Accountants, he highlighted the pivotal role of XBRL expansion in fortifying global trust, addressing the “Korea discount,” (international valuation gap) and enhancing corporate transparency.
Ukraine Leaps into FXO – country seeks to boost investment appeal through Inline XBRL disclosures
Over the past few weeks, some 4000 Ukrainian financial reports have been added into the XBRL International filings.xbrl.org repository.
New guidance published: understanding XBRL report packages
In the wake of the recent approval of the new, final XBRL Report Packages Specification, draft guidance on report packages has been approved by XBRL International’s Best Practices Board (BPB).
