The Dutch professional association of accountants – the Koninklijke Nederlandse Beroepsorganisatie van Accountants, or NBA for short – has updated its declaration generator. Starting last week, the XBRL instance for the Dutch format will also be available in English. This update has been exclusively intended for digitally deposited annual accounts of medium-sized companies within the […]
Did you miss the recent webinar on the new SEC Reporting Taxonomy? Not to worry! You can watch the recorded version of it here https://xbrl.us/events/20180501/. The webinar was hosted by both the SEC and FASB and addressed how issuers could take advantage of the guidance provided. The speakers were: • Louis Matherne, Chief of Taxonomy […]
One of the best ways to understand your own weaknesses and minimise your vulnerability to external threats is to stress-test yourself. This is exactly the ethos that the European Central Bank has taken in an attempt to build resilience in its financial markets. Under a programme burdened with the name “Threat Intelligence-Based Ethical Red Teaming […]
The European Commission is ramping up its efforts to create measures for increasing the availability of data in the EU, building on previous initiatives to boost the free flow of non-personal data in the Digital Single Market. The Commission’s VP, Andrus Ansip highlighted their perspective noting “without data, we will not make the most of […]
The CFA Institute’s 71st annual conference is set to take place this month and ahead of the event they have set the stage for a debate about the future of financial services. Financiers are likely tired of hearing about how their future consists of competing with AI for jobs, yet at a far more nuanced […]
Better ratings and better bankruptcy predictions are possible with ratio analysis of the financial statements prepared by local government. That requires high quality digital disclosures.
The Central Bank of Russia continues to move forward with the rapid digitisation of its financial sector, not least with XBRL based reporting. Beginning in June, investment funds and non-state pension funds will now be required to start submitting their financial statements in XBRL. Earlier this year insurance companies and broker/dealers moved over to XBRL […]
Following recent changed to the IFRS Taxonomy and SEC Reporting Taxonomy, you can now find here the corresponding set of updated FAQs.
Digital ecosystems within China are accelerating so quickly that it’s hard to keep track. Researchers at the London School of Economics call out three key reasons for the rest of the world to find ways to join Chinese companies in the fast lane of digital development. They are: the scale and speed of Chinese tech […]
The Prudential Regulation Authority of the Bank of England is consulting through to early June on a format change for a number of insurance reporting submissions in order to align its Solvency II Quantitative Reporting Templates with a range of EIOPA data requirements. The UK’s regulatory authorities continue to work towards the standardisation of supervisory […]
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