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A “Nutrition Label” for Sustainability Reporting?

September 12, 2014

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, […]

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Measuring Accounting Complexity With XBRL

September 12, 2014

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.

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Mauritius Update – Business Registrations

September 12, 2014

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.

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XBRL US Conference Recap

September 12, 2014

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 […]

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GRI Updating XBRL Sustainable Reporting Taxonomy

September 8, 2014

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.

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Using XBRL Data for Macro Economic Analysis

September 4, 2014

Calcbench uses granular XBRL data from corporate filings to gain insight into wider economic trends.

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Updates for IFRS Taxonomy 2014 out for Public Comment

September 3, 2014

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.

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Why XBRL May Be About to Have its “Show Me the Money” Moment

September 2, 2014

FinTech4us: “XBRL democratizes fundamental stock analysis in the same way that PCs democratized computing and social media democratized HTML”.

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2015 US GAAP Taxonomy Available for Public Review

September 2, 2014

The US Financial Accounting Standards Board (FASB) has released the proposed 2015 GAAP Financial Reporting Taxonomy for public review and comment. The deadline to submit written comments is October 31, 2014.

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China LEI Released

August 18, 2014

China’s central bank announced on Monday that an online system for the registration of Legal Entity Identifiers (LEI) has been established and put into operation, joining a global effort to strengthen financial stability.

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