SEC publishes Interactive Data Test Suite
The US Securities and Exchange Commission (SEC) has published the latest version of its Interactive Data Test Suite.
The US Securities and Exchange Commission (SEC) has published the latest version of its Interactive Data Test Suite.
As part of the Financial Reporting Council’s (FRC) ongoing work to strengthen oversight of audit, this week it published a high-level policy paper outlining a number of recommendations to increase competition in the UK audit market.
Following recent news that the Corporate Sustainability Reporting Directive (CSRD) was voted into EU law by the European Parliament, this week the Council of the European Union has given the directive the final green light.
Securities regulators and policy makers right around the world are pushing towards new mandatory ESG (or sustainability disclosures) for companies in markets large and small. The majority firmly intend that these new broader kinds of corporate reports will be digital.
The Indian National Stock Exchange (NSE) has proposed introducing XBRL for all key corporate announcements.
A recent interview with the Dutch Bank ING’s real estate team outlined how standardisation and data harmonisation is working to reduce risk and increase efficiencies in the real estate sector.
Should political finance data be digital? A new report from the International Institute for Democracy and Electoral Assistance (International IDEA) advocates for machine-readable disclosure of political party campaign expenditure in Albania, arguing that strengthening digital disclosure of political party finances would underpin essential democratic transparency.
Indonesia’s Directorate General of Taxes (Direktorat Jenderal Pajak or DGT) recently issued guidance on several new aspects for entities to consider while using a new XBRL-based feature for their tax returns.
Earlier this autumn the US Securities and Exchange Commission (SEC) adopted a final rule designed to make it easier for investors and shareholders to access key information. Keen readers will remember the announcement, and this week leading law firm Kirkland & Ellis have published a new report summarising the requirements and results of the rule.
This week the European Financial Reporting Advisory Group (EFRAG) reached a major milestone, releasing the first set of (almost) final draft European Sustainability Reporting Standards (ESRSs). Their publication follows a public consultation this summer.