This week IFRS Foundation Trustee Teresa Ko underlined why she thinks that the IFRS’ history of good governance and transparency makes it an ideal base for a new Sustainability Standards Board.
Ann Tarca, who has been on the International Accounting Standards Board since 2017, provided some insights into the Foundation’s work and future plans around the IFRS Taxonomy during a recent interview with Toppan Merrill’s Dimensions.
How does Turkey measure up in a machine-readable world? At a national level, Turkey doesn’t release collected data to the public to enable analysis – however, a public sector effort at a different level is trying to fill in the gaps.
Many of today’s corporate reporting habits are hangovers from a bygone era before digital technologies crept into every corner of our lives. As such, we have an opportunity to reimagine reporting from the ground up, taking the transformative impact of technological advances into account.
The Sustainability Accounting Standards Board’s (SASB’s) standards have long helped facilitate the analysis of comparable, consistent, and reliable sustainability data by providing a common language for disclosing sustainability information. Until now, the standards have lacked an accompanying taxonomy.
Alternative Trading Systems (ATS) tend to be less regulated than official exchanges. Offering a similar service, ATS primarily provide a place to match buyers and sellers for transactions, mainly securities, with minimal rules of conduct.
A recent paper from the Bank for International Settlements (BIS) demonstrates the importance of choosing the right data for producing company ratings.
In Denmark almost 1200 schools are either privately owned or are public entities with extensive autonomy. From next March they will start to phase in compulsory financial reporting in XBRL format.
We are delighted to announce that a new software tool has passed the tests required to reach XBRL Certified Software™ status.
Taxonomies are at the heart of any XBRL implementation and are used by a wide range of stakeholders such as preparers, software vendors, collectors, and consumers. Taxonomies need to be easily accessible, and XBRL International publishes guidance that provides best practice recommendation recommendations for publishing XBRL taxonomies.
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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.
