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Ensuring Trust and Integrity in Corporate Reporting: A New Global Standard for Digital Signatures

August 8, 2024

This article was first published in the Summer 2024 issue of ThinkTWENTY20. It is authored by John Turner, CEO of XBRL International. Corporate reports provide vital information on business performance, governing a wide range of decisions by investors, regulators, creditors, customers and other stakeholders. Reports can have an enormous impact on an organization’s value and […]

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The Future of Arelle

January 25, 2022

A Personal Note Today the acquisition of Mark V Systems was announced by Workiva. I truly welcome this news and I hope that many of our members and stakeholders will recognise its importance. As many readers will know, Mark V Systems is the company behind Arelle, the open source XBRL processor and validator embedded in […]

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99 Days That Will Change Reporting

July 21, 2021

A post by John Turner, CEO of XBRL International. While preparing a presentation that I gave this week to the Taiwan Stock Exchange it occurred to me that the next 99 days (well — it was 101 when I gave the talk) should see a significant degree of certainty arrive in the environmental, social, and […]

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Rapid Change Needs Supporting Standards: Reflections on the Future of Business Reporting

April 22, 2021

A post by John Turner, CEO of XBRL International. Last week we ran the first Data Amplified Virtual event, enjoying great content and some superb speakers. Thank you very much to everyone that was involved. I thought it might be helpful to set out my own reflections on some of the issues that came together […]

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ESEF Tools Widely Available

June 17, 2020

XBRL International has conducted a survey of XBRL Certified Software™ vendors that offer report creation solutions for ESEF. ESEF is the European Single Electronic Format, a new requirement for public companies in the EEA and UK. In the UK ESEF is part of the Disclosure Guidance and Transparency Rules sourcebook. All public issuers that report […]

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US Public Companies Need to Stay Relevant In a Digital Age

June 7, 2018

US lawmakers should reject the suggestion that smaller listed companies’ Fintech-friendly data should be replaced with paper. It would be like telling smaller film makers that they can’t use Netflix anymore, but instead need to market their work on VHS tape.

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The Message is the new Medium: Digital Reporting and Fintech

February 3, 2017

Fifteen years ago, we used to talk about digital as a model of the real world. Now, digital is the real world. Somehow, the message has become the medium. Kodak didn’t see Instagram coming. HMV never saw Spotify in the rear view mirror. And if, fifteen years ago, you’d told the editor of the Economist […]

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Looking to the future – some food for thought for regulators

February 3, 2017

In a substantial speech to the Northwestern University’s  44th Annual Securities Regulation Institute symposium, recently retired SEC Chair Mary Jo White provided an interesting summary of her perspective on the achievements of that regulator during her term. She also provided some comments on the work that lies ahead. Chair White’s retirement as the 31st SEC Chair […]

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SBR for Data Architects: Service Oriented Reporting

January 27, 2017

For anyone involved in digitisation of reporting at a government level or that is embracing standardisation to simplify reporting across a supply chain, the principle of Standardised Business Reporting, or SBR is something they will come across, but perhaps need to understand at a deeper level. Now there is a book aimed at data architects and […]

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AI to replace Compliance Jobs?

January 27, 2017

A widely reported briefing note from Citi this week, entitled “Digital Disruption Revisited” suggests that RegTech startups are harnessing Artificial Intelligence to cut significant costs  — yes, mostly people — out of compliance activities within Financial Services firms. With the average compliance costs in the banking sector having doubled since 2008, it would make sense to automate […]

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