US municipal reporting pilot: Flint, Michigan partnership to implement XBRL and boost transparency
A new pilot programme in Flint, Michigan will explore how the use of XBRL can improve transparency in fiscal reporting and lead to better governance, potentially averting crises in municipal finance.
EU announces ESAP portal, to offer digital data from across Europe in one place
The EU has turned the page on a new chapter in corporate reporting, with the announcement of legislation to create the European Single Access Point (ESAP), providing a free single point of access to digital information on EU listed companies and investment products.
Clean, consistent, timely, detailed data: Could XBRL help US Environmental Protection Agency achieve transparency?
XBRL US has written in response to the US Environmental Protection Agency (EPA) Strategic Plan 2022-2026, focussing on how structured, digital data could contribute to the EPA’s key principle of transparency.
“The benefits are well-documented and extensive”: Commissioner Crenshaw on the SEC’s XBRL success story
“The bottom line is that XBRL makes data more useful,” says SEC Commissioner Caroline Crenshaw
Consolidation and a flying start for sustainability standards: ISSB launched
This week in Glasgow, at COP26, the IFRS Foundation announced the formation of the International Sustainability Standards Board (ISSB) to develop comprehensive baseline global standards for sustainability reporting.
