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Audited Digital Financial Statements: They Improve The Process Too

December 8, 2017

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.

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Re-Writing The Script On Financial Reporting

November 16, 2017

This is the second in a series of guest posts from Mohini Singh, ACA, Director, Financial Reporting Standards, CFA Institute. For the past  six years, the narrative assigned to investors is they are drowning in information. This script emerged in 2011/2012 with publications such as the UK Financial Reporting Council’s Cutting Clutter and ICAS’s Losing […]

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Realizing The Potential of Structured Data

September 7, 2017

In this guest post from Mohini Singh, the CFA Institute suggests a number of measures to improve XBRL filing for Issuers and Regulators alike, in the US and other countries.

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Why South Africa’s CIPC Decided to Mandate XBRL

March 31, 2017

Guest Post from Hennie Viljoen, XBRL Project Manager at the CIPC At present the Companies and Intellectual Property Commission of South Africa (CIPC) receives all Annual Financial Statements (AFSs) in PDF format, which is obviously an unstructured format. This means analysis of AFS documents has to be done one-by-one by a human analyst. Humans have to […]

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iXBRL For “Glossy” Reports

February 28, 2017

Did you know that iXBRL allows enormous flexibility in what is presented in a report?

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