“Keep calm and educate” is what XBRL and DTC leaders are saying in response to legislation in the US Congress that would give new life to previously derailed efforts to exempt public companies with less than USD $250M in gross revenue from reporting in XBRL.
Accenture and PwC have released reports based on surveys of business executives worldwide on the impacts Big Data is having on the decision making process. According to the Accenture report, executives say big data is delivering positive results in a variety of areas, including new revenue generation, new market development, enhanced customer experience and improving enterprise-wide […]
Tim Mohin, Director of Corporate Responsibility for Advanced Micro Devices (AMD), is of the mind that to be truly effective in changing behavior and bringing value to investors and watchdogs alike, sustainability reporting needs to become more focused on the most important issues. “While transparency can drive comparison – and action,” he says, “Too much transparency can, ironically, […]
Using recent XBRL filings, Rani Hoitash from Bentley University and Udi Hoitash from Northeastern University attempt to prove that “high volume and more unique company-specific accounting information” as measured by the number of US GAAP XBRL Taxonomy tags reported in company annual filings, along with the number of customized XBRL tags, leads to poor financial reporting quality. Read the paper.
Prabha Chinien, Registrar of Companies for Mauritius, outlines the benefits to both the local business community and government agencies as the country’s Corporate and Business Registration Department transitions to XBRL filing.
The annual XBRL US Conference was held in Seattle this week and saw a wide range of talks on both the SEC mandate and developments in XBRL data consumption and analysis. Highlights included a keynote speech from John Connors, former Microsoft CFO and now Managing Partner at leading VC, Ignition Partners. Connors described the accelerating […]
GRI, in collaboration with Deloitte, is working on the GRI Taxonomy update, which will also include the Financial Services Sector Disclosures. GRI is now calling for sustainability reporting experts from the financial services sector that are familiar with GRI G4 Guidelines to provide their comments on the draft taxonomy. Learn more.
Calcbench uses granular XBRL data from corporate filings to gain insight into wider economic trends.
The IFRS Foundation has published the Proposed Interim Release 2 to the IFRS Taxonomy 2014 for public comment, along with the accompanying IFRS Taxonomy Guide explaining related terminology.
FinTech4us: “XBRL democratizes fundamental stock analysis in the same way that PCs democratized computing and social media democratized HTML”.
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
