We are very happy to announce that report creation software MDD Platform from MDD joined the growing family of XBRL Certified Software products in August.
The Legal Entity Identifier (LEI) is a valuable element in digital reporting, reliably identifying filers over time and across jurisdictions, and connecting them with their financial data. For regulators, it helps facilitate risk analysis, market transparency and enforcement.
An interesting recent article in Accountants Today, from the Malaysian Institute of Accountants, looks at the experience of XBRL adoption in Malaysia from an accounting perspective, and how smaller accounting firms could be supported to overcome the key challenges so far.
The European Financial Reporting Advisory Group (EFRAG) has put out a call for candidates with expertise and experience on sustainability matters.
The Swiss government, the Federal Council, has recently set a timeline and other parameters for mandatory climate disclosures by large companies.
XBRL International, the standards setter for digital business reporting, expects to promote new xBRL-CSV and xBRL-JSON formats to Recommended status within 90 days.
The European Commission has announced an ambitious package of proposals to strengthen the EU’s anti-money laundering and countering the financing of terrorism rules and crack down on financial crime.
Gary Gensler, Chair of the US Securities and Exchange Commission (SEC) provided a range of comments on newly introduced US OTC swaps disclosure rules to the American Bar Association Derivatives and Futures Law Committee last week.
The final countdown to XBRL reporting in Oman has begun! Oman’s Capital Market Authority (CMA) and its stock exchange, the Muscat Securities Market (MSM), has organised a second round of workshops in preparation for the launch of its new disclosure portal, which will enable the reporting of both financial and non-financial information in XBRL format.
As support for greater and more consistent environmental, social and governance (ESG) disclosure gathers strength worldwide, the latest voice to join the chorus comes from Russia.
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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.
