There is no requirement to audit or provide any level of assurance on digitally formatted XBRL and Inline XBRL financial statements. This is not in the interest of investors.
MAS announces regulatory reporting will be achieved machine-to-machine via structured data and that the regulator will work to eliminate duplication within their structured data collections.
Thinking about the way that using standardised structured data inside the enterprise can benefit management as well as investors and auditors is the subject of a new guest post from Mohini Singh.
On Wednesday the Central Bank of Russia and the prestigious Finance University in Moscow marked the endowment of a new Chair in XBRL studies. Aimed at helping develop and expand expertise in the field for finance professionals as well as students, the Finance University will also be carrying out research into structured data and digital […]