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EFRAG responds to ISSB’s emissions disclosure update

June 9, 2025

The European Financial Reporting Advisory Group (EFRAG) has published its Draft Comment Letter on the International Sustainability Standards Board’s (ISSB) proposed amendments to IFRS S2, focused on greenhouse gas emissions disclosures. EFRAG invites feedback by 20 June 2025.

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Australia urged to mandate digital reporting to boost market transparency

June 9, 2025

Chartered Accountants Australia and New Zealand (CA ANZ) has released a compelling new report highlighting the need for mandatory digital reporting in Australia. While other major economies have moved to structured, machine-readable financial disclosures, Australia still relies on PDFs—leaving investors with limited access to consistent, usable data.

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Mind the (data) gap: how UK regulators are tuning AI for trust

June 9, 2025

AI is coming fast—and so are the questions. Who’s responsible when it goes wrong? What’s good practice in a sea of grey areas? And how do we harness the tech without losing public trust?

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Small mid-caps step into the spotlight in evolving EU simplification package

June 9, 2025

The European Commission has published its fourth omnibus proposal, introducing a new category: ‘small mid-cap enterprises’ (SMCs). The aim? To support companies transitioning beyond SME status with continued simplified obligations, mirroring those already available to SMEs.

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EFRAG makes sustainability reporting easier for SMEs

May 30, 2025

Earlier this week the European Financial Reporting Advisory Group (EFRAG) launched an exemplar digital toolkit that’s tailor-made for small businesses: an Excel-based VSME Digital Template, a new XBRL taxonomy, and a handy open source converter to make it all machine-friendly.

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EFRAG opens the floor on IFRS 19, with simpler reporting in sight

May 30, 2025

The European Financial Reporting Advisory Group (EFRAG) recently released its draft endorsement advice on IFRS 19 Subsidiaries without Public Accountability: Disclosures, and it wants to hear what you think.

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Missed our XBRL Directions webinar? 

May 30, 2025

Catch up on report packages now. If you couldn’t make it to our XBRL Directions webinar on 15 May, don’t worry, we’ve got you covered. The recording is now available, offering an insight-packed 30-minute overview of XBRL Report Packages and how to make the most of them.

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EBA kicks off onboarding for Pillar 3 Data Hub

May 30, 2025

The European Banking Authority (EBA) recently rolled out its onboarding plan for institutions required to submit to the new Pillar 3 Data Hub (P3DH) – setting the stage for this enhanced reporting framework.

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Belgium gears up for mandatory structured e-invoicing

May 30, 2025

Belgium is stepping further into the digital age, announcing mandatory structured e-invoicing for nearly all VAT-registered business-to-business (B2B) transactions starting 1 January 2026. This aligns the country with broader European Union efforts to tackle VAT fraud, streamline financial workflows, and boost digital resilience.

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Research report calls for enhanced segment and sustainability-related disclosures

May 30, 2025

A new research report from the Australian Accounting Standards Board (AASB), Malaysian Accounting Standards Board (MASB), and CPA Australia provides timely insight into key accounting challenges that stakeholders believe the International Accounting Standards Board (IASB) should tackle in its next agenda consultation.

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