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PCAOB Proposes Greater Transparency for Audit Firms

April 21, 2024

On 9 April the US Public Company Accounting Oversight Board (PCAOB) released a proposal to significantly enhance a range of metrics that audit firms will need to publicly disclose on an annual basis.

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EFRAG seeks input into transition plan implementation guidance

April 21, 2024

The European Financial Reporting Advisory Group (EFRAG) is gearing up to provide guidance to assist companies in disclosing their transition plans in alignment with the European Single Reporting Standards (ESRS).

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Preparing for DORA: ESAs initiate dry run exercise

April 21, 2024

The European Supervisory Authorities (ESAs) are gearing up for the next phase of implementing the Digital Operational Resilience Act (DORA) by initiating a voluntary dry run exercise in May.

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Enhancing financial transparency with digital financial reporting

April 15, 2024

In the ever-evolving landscape of financial reporting, the transition to digital has been a crucial shift to streamline processes, enhance; comparability and improve analysis, benefiting investors and stakeholders alike.

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Digital Signatures at Data Amplified 2023

April 15, 2024

Digital signatures play a crucial role in ensuring the integrity and authenticity of digital business reports. These reports, which can significantly impact an organisation’s value and reputation, require a high level of trust. Digital signatures provide verifiable proof of a document’s authenticity and integrity, ensuring that it hasn’t been tampered with since being signed.

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EBA’s data-driven risk assessment offers mixed indicators

April 15, 2024

The European Banking Authority (EBA) recently released its quarterly Risk Dashboard (RDB) for Q4 2023, offering insights into the financial health of the largest EU/EEA institutions. While the report highlights record-high levels of bank capitalisation and improved liquidity, it also signals early indications of credit quality deterioration.

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Combatting Greenwashing: The EU’s Regulatory Drive

April 15, 2024

In today’s landscape of ubiquitous sustainability claims, the ability to differentiate between genuine efforts and deceptive practices is hard. Diving into the realm of EU regulations, Chartered Accountant Dee Moran explores the ongoing and upcoming initiatives aimed at tackling greenwashing head-on.

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South Africa’s ESG reporting revolution

April 15, 2024

Following the International Sustainability Standards Board (ISSB) recent engagement with major economies in Africa to promote sustainability standards, this week sees an update taking a closer look at the importance of data integrity to the mandate in South Africa.

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Celebrating 20 years of XBRL Spain: from financial reports to sustainability

April 15, 2024

XBRL Spain is commemorating two decades of impactful work with a special event on 22 April in Madrid.

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ESRS Taxonomy Outreach

April 7, 2024

At an Outreach event on the EFRAG Sustainability Reporting Standards (ESRS) taxonomy held on Wednesday, key EFRAG personnel provided a range of details about the ESRS taxonomy that is currently out for consultation.

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