How CFOS can foster company agility
‘What can be done differently in 2023 to improve your financial close process?’ asks a thought-provoking post and related webinar from Wolters Kluwer.
Latest News
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Lighting a FIRE under cyber incident reporting: Digital-first format needed?
The Financial Stability Board recommends greater convergence in cyber incident reporting, including a common format for incident reporting exchange, or FIRE. We urge a digital-first approach using XBRL to ensure comparability and effective analysis.
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Standardisation as the key to effective ESG reporting
Businesses need to step up on climate-change reporting, argues Workiva CEO Marty Vanderploeg in a recent LinkedIn post on ‘Avoiding a Climate-Related Financial Crisis.’
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XBRL reporting coming soon to Pakistan?
We were delighted to read recent remarks by Mr Aamir Khan, Chairman of the Securities & Exchange Commission of Pakistan (SECP).
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Inline XBRL for variable product issuers
“For decades the SEC has sought to harness technology to provide a mechanism for allowing investors, Commission staff, data aggregators, financial analysts and other data users to efficiently analyze and compare the available information about variable contracts,” explains Guy Stanzione, Compliance Services Director at Toppan Merrill in a new post.
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FASB seeks feedback on proposed accounting model relationships
The US Financial Accounting Standards Board (FASB) has issued an invitation to comment on its Proposed Meta Model Relationships.
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Irish Revenue offers advice on tagging errors
Revenue, Ireland’s tax and customs agency, requires financial statements to be submitted in Inline XBRL (iXBRL) as part of corporate tax returns.
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FRC Lab offers tips for net zero disclosures
The UK Financial Reporting Council’s FRC Lab has released a new report on net zero disclosures, offering companies tips and questions to consider in communicating their net zero commitments.
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Latest updates to EDGAR Filer Manual
The US Securities and Exchange Commission (SEC) has adopted an updated version of the EDGAR Filer Manual.
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TCFD finds steady increase in climate-related financial disclosures
The Task Force on Climate-related Financial Disclosures (TCFD) has published its 2022 Status Report, marking five years since it published its final recommendations in 2017.
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