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Fujitsu 4th Annual European Interstage XWand Users’ Meeting

May 4, 2019

Contributed by Slawomir Skrzypek, Business Development Director EMEA Center of Excellence for FUJITSU XBRL solutions. Fujitsu, a Direct Member and Sustaining Partner of XBRL International, ran its 4th European Annual Interstage XWand Users’ Meeting in Malaga, Spain, on April 12th The meeting was attended by representatives of European National Competent Authorities (NCAs), Officially Appointed Mechanism (OAMs) filers/issuers, software vendors, and […]

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New Rules Raise Quality Stakes

May 3, 2019

The XBRL US Data Quality Committee (DQC) has published its 9th Ruleset for a 45-day public review and comment period, which closes 15 June 2019. In addition to expanding on many existing rules, the latest ruleset contains a new category of checks that evaluates and identifies incorrect calculation relationships in the SEC filers company taxonomy.

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Alternative Data for Faster Economic Predictions

May 3, 2019

An article by Robin Wigglesworth in the Financial Times this week calls out the fact that if governments don’t ensure they have access to new, useful sources of alternative data, policymakers risk being left in the dark in an increasingly data-rich world.

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BoE to Disclose Climate Risks in Annual Report

May 3, 2019

 The Bank of England (BoE) is leading by example and disclosing its own assessment of how it is managing climate-related financial risk in its 2019/20 annual report. The BoE have been pushing for stronger climate-change related risk disclosure with a number of actions in the last year, including a recent consultation on previous climate-related risk […]

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A Deep Dive into SEC Amendments

May 3, 2019

Harvard Law School’s Forum on Corporate Governance and Financial Regulation have published a deep dive into the SEC’s most recent disclosure amendments as part of their series on disclosure simplification.

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Data Analysis Reveals Inflated Pay

May 3, 2019

Why do companies disclose “Non-GAAP” or “Proforma” earnings and performance measures? Is it because accounting standards don’t provide a suitable way to measure and understand corporate business models? Is it because Non-GAAP measures better reflect economic reality, or, at least, the factors under the control of management? Perhaps not.

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Auditing Non-Financial Data

May 3, 2019

For audit and accounting to build truly useful advisory services, they need to focus on more than just financial data, suggests a blogpost on the Accountancy Europe site. Wesley Shulte, from Finext, argues that moving beyond financial data will allow auditors and accountants to create valuable assessments for companies – for example, by auditing human […]

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MEMBER NEWS
MEMBER ANNOUNCEMENT

4th Annual Fujitsu XBRL Workshop

May 3, 2019

Fujitsu, a Direct Member and Sustaining Partner of XBRL International, ran its 4th Annual European Interstage XWand Users’ Meeting on 12 April in Malaga, Spain. The meeting was attended by representatives of European National Competent Authorities (NCAs), Officially Appointed Mechanism (OAMs), filers/issuers, software vendors, and software integrators from over 20 countries.

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EU Advise Against Single Cyber-Security Framework

May 1, 2019

Europe’s Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – have advised against introducing a “one size fits all”, Europe-wide cybersecurity policy. In the short term, the ESAs say that while there are clear benefits to having a coherent cyber resilience framework across Europe’s financial sectors, this approach is difficult in the short term as […]

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Mark your Calendar for Data Amplified 2019

April 26, 2019

We are delighted to announce that Data Amplified, our annual conference that brings together the key players involved in the future of business reporting, will this year be held 22-24 October in Shanghai, with an extra Members day on 21 October.

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