On Monday, our CEO John Turner gave a talk at the World Congress of Accountants in Mumbai as part of the “Technology and the Future” session. The session concentrated on new skills and capabilities that members of the accounting and audit profession, working both in industry and in practice, will need going forward.
The XBRL US Data Quality Committee (DQC) has published its 20th Rule Set, including five proposed rules for corporate issuers, and two proposed rules that are specific to business development companies (BDC).
Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch addressed XBRL Asia Round Table in Mumbai, describing the Indian securities regulator’s approach to transparency as disclosure driven, but with the needs of users firmly in mind.
At the XBRL Asia Round Table yesterday in Mumbai we were able to share some initial work on the new Business Responsibility and Sustainability Reporting mandate that SEBI (the Securities and Exchange Board of India) is introducing next year.
The new Calculations 1.1 specification reached an important milestone this week with publication as a Proposed Recommendation. The new specification provides an incremental improvement on XBRL’s existing calculation functionality by providing better handling of rounded numbers.
During a busy week at COP27 the International Sustainability Standards Board (ISSB) and CDP (formerly the Carbon Disclosure Project) announced that CDP will incorporate the ISSB’s Climate-related Disclosures Standard (IFRS S2) into its global environmental disclosure questionnaires.
We’re pleased to announce that Papirix from Reporting Estándar has been approved as XBRL Certified Software.
XBRL International is seeking candidates for both the Nominations Committee and the Best Practices Board (BPB).
In another step forward for sustainability reporting at COP27, the Climate Data Steering Committee (CDSC) announced their final recommendations for the Net-Zero Data Public Utility (NZDPU or Utility). The accompanying white paper lays out the key challenges ahead and highlights the foundational data that will be required for a successful launch.
Four years since the process to replace the Non-Financial Reporting Directive (NFRD) began, last week the Council of the European Union and the European Parliament voted by a landslide (525 votes in favour) to adopt the Corporate Sustainability Reporting Directive (CSRD) into EU law.
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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.
