Israel consults on digital mandate
The Israel Securities Authority (ISA) proposes introducing mandatory digital reporting in Inline XBRL, also known as iXBRL, from 2024.
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Feeling like the world is changing and moving faster than ever? Do you need to catch up, see the big picture, or just spend some time coming to grips with new developments?
So much is happening in the world of reporting right now. It is exciting, unbelievable, and – frankly – sometimes overwhelming.
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European Commission adopts sustainability standards
In another important milestone on the path to sustainability reporting in the EU, the European Commission has announced its adoption of the European Sustainability Reporting Standards (ESRS).
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Sustainability assurance standard out now
The International Auditing and Assurance Standards Board (IAASB) published its proposed International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements in early August.
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UK on timeline to implement global sustainability standards
The UK has confirmed that it will be adopting the new international IFRS Sustainability Disclosure Standards, and has proposed an approach and timeline for implementation.
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Monitoring Group updates on strengthened audit for changing times
The Monitoring Group (MG) has again reported on its progress on strengthening the international audit-related standard-setting system.
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Updated UK taxonomies from FRC and BoE
August saw the UK’s Financial Reporting Council (FRC) publish a draft version of its 2024 Taxonomy Suite, incorporating a number of updates.
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FASB proposes GAAP Taxonomy update
The US Financial Accounting Standards Board (FASB) has issued proposed improvements to the GAAP Taxonomy.
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More software certified for xBRL-JSON and xBRL-CSV
We are delighted to announce that software products from Reportix GmBH have gained XBRL Certified Software status for the xBRL-JSON and xBRL-CSV modules, indicating that they are able to handle these newer XBRL formats.
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Deloitte report urges Australia to embrace digital corporate reporting
In a recent report titled “Embracing the power of digital corporate reporting: A mandate for change,” Deloitte Access Economics highlights the urgent need for Australia to adopt digital reporting to streamline and enhance corporate reporting and increase the visibility of its public markets.
