SEC rules affect all US filers over next 3 years
Here’s some of the details from the recent SEC decision to move to Inline XBRL for US market participants.
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FRC Seeks Feedback on UK taxonomy
Enhancing the quality and accessibility of financial reporting is a core objective of the UK’s Financial Reporting Council, the UK’s audit regulator and financial standards setter. The FRC also has a full time taxonomy team, who look after the UK taxonomies for filing to that country’s tax authority, companies registrar and charities commission. (Public company […]
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So long, farewell, auf wiedersehen, goodbye
Thank you! To Canada, where Jerry Trites, long time advocate for digital reporting in Canada, and stalwart of XBRL Canada is retiring at the end of June. Over a long career, including 22 years as a KPMG partner, as a staff member, consultant and frequent volunteer for CPA Canada and its predecessor body, the Canadian […]
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The Hopes and Fears of Accountants – and Accounting Standards Setters – Revealed?
When people talk of how technology is likely to impact the future, the discussion goes one of two ways. Either down a road of fear that technology will bring with it an end to our freedoms and a loss of our jobs. Or that technology will pave the way for a new world where value […]
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Western Balkans sees New Digital Agenda
In a recent bid to bring about a new digital agenda for the Eastern European bloc, the European Commission has committed to supporting the transition of the region into a digital economy. It is hoped through these changes that faster economic growth, increased jobs and better services will manifest. The EC has made five main […]
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All Change at the Data Coalition
Still in the US… after pulling together a remarkable coalition of companies, public sector leaders and elected officials, Hudson Hollister, the founder and Executive Director of the Data Coalition and more recently the Data Foundation, announced this week his plans to step down from day-to-day leadership of the US effort to study and advocate for open, structured data […]
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Are you Smarter than an Algorithm?
Readers will likely agree that data constitutes perhaps the most important input element into investment decision-making processes. With a rise in how data can be accessed, read and interpreted, the ability for market participants to exploit new forms of information has resulted in a dramatic uptake in novel approaches for data management and decision making. […]
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Collaborate to Connect: Ideas to Enhance Reporting in Asia
Some ideas to make Asia a Fintech/Regtech/Suptech powerhouse, following the recent XBRL Asia Round Table meeting in Japan.
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Highlights from this week’s XBRL Asia Round Table
Highlights from this week’s XBRL Asia Round Table included updates from the following regulators: The Malaysian Business Registrar (SSM) is rolling out the Malaysian Business Reporting System (MBRS) later this year. The system initially allows the submission of annual returns, financial statements and exemption statements, all in XBRL format. This is a phased mandate that will […]
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Asia starts to work towards switch to Inline XBRL filing
The XART meeting heard from both the Taiwan Stock Exchange and the Malaysian Securities Commission yesterday about efforts to start to upgrade their reporting arrangements from “template” based XBRL to Inline XBRL for corporate reporting.
