The US Financial Accounting Standards Board (FASB) recently held a first discussion on feedback to its agenda consultation, and launched new research plans.
The International Financial Reporting Standards (IFRS) Foundation Trustees have begun the search for up to 11 members of the newly formed International Sustainability Standards Board (ISSB).
Timeliness is an important aspect in ensuring the utility and transparency of financial reporting – but in some cases, there may be valid reasons for companies to delay revealing inside information.
The industry-led Impact Taskforce (ITF) – established by the G7 Presidency to examine how private capital can be mobilised at scale in support of key global sustainable development targets – has published its report, with recommendations for urgent action.
The People’s Bank of China (PBOC) has released its Fintech Development Plan for 2022-2025, which seeks to guide the development of fintech and the digital transformation of finance.
A new XBRL US case study examines how Liberty Mutual Surety has used XBRL to automate the generation of normalised data in the format the company needs, freeing employee time for higher value work.
The European Central Bank (ECB) is moving forward in its work on harmonising statistical reporting for euro-area banks.
The Bank of England’s Prudential Regulation Authority (PRA) has made a number of changes to its regulatory reporting requirements for the banking sector.
The Institute of Chartered Accountants of India (ICAI) is inviting comments on exposure drafts amending India’s Commercial & Industrial (C&I) taxonomies, used to underpin digital reporting.
In news that may catch the attention of doubters when it comes to investing in regulatory reporting, the Bank of England’s Prudential Regulation Authority (PRA) recently fined Metro Bank 5.38 million pounds (just over 7 million dollars) for failures in its regulatory reporting.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
