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Blockchain myths, blocked!

January 29, 2021

We’re still finalising the outstanding lineup of speakers for April’s free, virtual Data Amplified conference, but let’s take a little sneak peek. Mohini Singh, ACA, Director of Financial Reporting Policy at CFA Institute and Treasurer of the XBRL International Board of Directors, will be taking no prisoners as she busts XBRL myths.

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New XBRL certified Report Creation Software

January 29, 2021

We’re very happy to announce that mms solutions’ report creation software tagging plus has joined the growing family of XBRL Certified Software products.

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Gary Gensler to head SEC: ESG Reporting set to go big in America?

January 22, 2021

The Biden administration has nominated Gary Gensler to chair the US Securities and Exchange Commission (SEC), signalling a return to tougher regulation and enforcement for the agency.

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Liechtenstein adopts XBRL Reporting with New Taxonomy

January 22, 2021

News from Liechtenstein. (Not something we see every day!) Its Financial Market Authority (FMA) has developed its own national XBRL taxonomy, including a DPM-based Table and Formula Linkbase. This will primarily be used by insurance companies, of which Liechtenstein has around 40, for quarterly statutory reporting.

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ICAI meets AI: Robot-Reviewed Reporting for India

January 22, 2021

How do you spot financial reporting errors or attempted fraud before they grow into problems? And – when serving a population of over 1.3 billion people – how can you both boost data quality and make the reporting and review process as efficient as possible? For the Institute of Chartered Accountants of India (ICAI), the […]

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Better together: Sustainability Reporting Leaders launch shared Climate Standard

January 22, 2021

Five global organisations in sustainability and integrated reporting have together published a paper addressing standards for reporting on enterprise value, illustrated with a prototype climate-related financial disclosure.

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Switzerland backs TCFD for Climate Transparency

January 22, 2021

On 12 January, Switzerland officially became a supporter of the Task Force on Climate-related Financial Disclosures (TCFD), demonstrating the government’s support for greater disclosure of and transparency around climate-related financial risks.

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Review: The XBRL Book (Fourth Edition)

January 22, 2021

Dr Ghislain Fourny of leading university ETH Zürich (yes, that’s Einstein’s alma mater) has kicked off the year with a new edition of his The XBRL Book, with 2020/2021 updates. He describes the book as “by and for technical people,” for those who need to understand XBRL in fine detail.

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EBA corrects Reporting Framework Taxonomies

January 22, 2021

The European Banking Authority (EBA) has published an erratum for the technical package on its reporting framework 3.0 phase 1.

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Australian overhaul resumes: it’s Goodbye D2A, Hello APRA Connect in 2021

January 15, 2021

It’s all systems go once more at the Australian Prudential Regulation Authority (APRA), as it resumes overhauling its core financial data collection system following a nine-month pause. The new platform, APRA Connect, is now set to go live in September 2021.

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