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Dual EFRAG consultation on strategic direction

May 28, 2021

The European Financial Reporting Advisory Group (EFRAG) has launched a joint consultation, covering both the International Accounting Standards Board’s (IASB) five-year plan and its own research.

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XBRL International Board of Directors welcomes new member

May 28, 2021

We are delighted to announce the election of Dr Maria Mora to XBRL International’s Board of Directors.

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SASB supports SEC on ESG disclosures

May 28, 2021

Janine Guillot, CEO of the Sustainability Accounting Standards Board (SASB), has published a piece discussing the Board’s response to the US Securities and Exchange Commission (SEC) consultation on climate change disclosure, and welcoming SEC’s commitment to addressing the needs of 21st century investors in this arena.

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XBRL US webinars on Inline XBRL for smaller companies

May 28, 2021

XBRL US has published livestream videos of its two-part webinar series on ‘Inline XBRL for Small Reporting Companies and Foreign Private Issuers’, held on 19 and 26 of May.

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No time to waste! EFRAG gets go-ahead to get ahead on sustainability standards

May 21, 2021

The European Commission has written to the European Financial Reporting Advisory Group (EFRAG) inviting it to start work on drafting sustainability reporting standards, in parallel with the development of the proposed Corporate Sustainability Reporting Directive (CSRD).

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SEC minds the (data) gaps

May 21, 2021

What are the current gaps where more data is needed for good regulatory decisions? That’s the question explored by Commissioner Caroline A. Crenshaw of the US Securities and Exchange Commission (SEC) in an excellent keynote address to the 8th Annual Conference on Financial Market Regulation, titled ‘Mind the (Data) Gaps.’

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Wave of restatements as SPACs resolve accounting issues

May 21, 2021

Special Purpose Acquisition Companies, or SPACs, are generating a surge of restatements correcting past financial reports, following last month’s accounting clarification from the US Securities and Exchange Commission (SEC).

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Tales of a jurisdiction: the first three years of XBRL Russia

May 21, 2021

Over in the Taggings section of the XBRL International website we have a very interesting guest post from Stanislav Korop, Deputy Director Data Governance Department, Bank of Russia, on the activities and successes of XBRL Russia.

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Wes Bricker on ESG reporting opportunities

May 21, 2021

“Corporations are at an inflection point when it comes to ESG,” says Wes Bricker, Vice Chair – US and Mexico Assurance Leader at PwC and Chair of XBRL International’s Board of Directors, in a short guest post at ESG Today that nonetheless offers plenty to think about.

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Australia sets go-live dates for APRA Connect

May 21, 2021

The Australian Prudential Regulation Authority (APRA) has confirmed that its new data collection system, APRA Connect, will launch in September 2021.

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