EBA seeks input on ESG Disclosure Practices
The European Banking Authority (EBA) has released a survey designed to inform sustainable finance policy development.
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New Software Certified
We are pleased to announce a new software tool has reached XBRL Certified Software status. Report creation software xWizard by EasyX has passed the rigorous tests that ensure the interoperability of all XBRL Certified Software products.
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Estonia: Data-driven Reporting on the Agenda
Estonia has been quietly forging ahead with all things digital for some time now. Seeing as it boasts some of the fastest internet on the planet and the world’s first digital e-Residency scheme, it’s of no surprise that structured data is also on Estonia’s agenda.
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Why Tagging Errors mean Trouble
As data digitisation and XBRL reporting continue to expand worldwide, it’s crucial that companies are reporting accurate, high-quality data. Wes Bricker, Vice Chair of XBRL International’s Board of Directors and PwC Vice Chair, US and Mexico Assurance Leader, recently wrote an article for FEI highlighting the importance of accurate XBRL tagging.
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US College uses XBRL for financials
With the idea that knowledge is transformative sitting at the heart of most educational institutions, it is perhaps unsurprising that a college is currently at the vanguard of structured municipal reporting in the US.
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Carbon Financials Initiative expands to UK
In order for financial firms to properly take climate change risks and opportunities into account they need comparable, standardised data. Measuring carbon emissions would be a simple, effective and material place to start monitoring the climate impact of the businesses financial firms invest in.
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How to Audit AI
Technology is changing the world of audit. From the systems auditors rely on to improve the accuracy of their audits, to the data (soon to include, under ESEF, XBRL tagging) that requires review, tomorrows’ auditors must know how to work digitally.
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Qatar Exchange mandates XBRL Disclosures
Qatar is set to shortly join the many markets around the world that mandate the XBRL standard and benefit from increased data transparency, accuracy and utility.
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Sustainability Frameworks collaborate for comprehensive Reporting
Long-time readers of this newsletter will know that one of the major issues holding sustainability reporting back has been the excessive proliferation of confusing and sometimes overlapping disclosure frameworks.
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Regulation Post-Pandemic
This year has seen huge changes – from regulatory extensions and shifting deadlines to a wholesale shift in the way we work, Covid-19 has caused serious disruption. But what will regulation look like as the dust settles?
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