XBRL reporting coming soon to Pakistan?
We were delighted to read recent remarks by Mr Aamir Khan, Chairman of the Securities & Exchange Commission of Pakistan (SECP).
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Inline XBRL for variable product issuers
“For decades the SEC has sought to harness technology to provide a mechanism for allowing investors, Commission staff, data aggregators, financial analysts and other data users to efficiently analyze and compare the available information about variable contracts,” explains Guy Stanzione, Compliance Services Director at Toppan Merrill in a new post.
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FASB seeks feedback on proposed accounting model relationships
The US Financial Accounting Standards Board (FASB) has issued an invitation to comment on its Proposed Meta Model Relationships.
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Irish Revenue offers advice on tagging errors
Revenue, Ireland’s tax and customs agency, requires financial statements to be submitted in Inline XBRL (iXBRL) as part of corporate tax returns.
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FRC Lab offers tips for net zero disclosures
The UK Financial Reporting Council’s FRC Lab has released a new report on net zero disclosures, offering companies tips and questions to consider in communicating their net zero commitments.
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Latest updates to EDGAR Filer Manual
The US Securities and Exchange Commission (SEC) has adopted an updated version of the EDGAR Filer Manual.
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TCFD finds steady increase in climate-related financial disclosures
The Task Force on Climate-related Financial Disclosures (TCFD) has published its 2022 Status Report, marking five years since it published its final recommendations in 2017.
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Catch up on this year’s World Standard-setters Conference
The International Financial Reporting Standards (IFRS) Foundation has published a summary of the World Standard-setters Conference 2022, and made the plenary sessions available to watch online.
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Engaging on ESG’s digital future: feedback on the ISSB taxonomy
The IFRS Foundation has published comment letters received on the draft IFRS Sustainability Disclosure Taxonomy. We anticipate very significant uptake of the taxonomy around the world, and it is crucial to ensure these digital disclosures are suitable for global consumption.
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IFRS Advisory Council gets down to digital reporting
The IFRS Advisory Council this week discussed (inter alia) ‘Progressing our digital financial reporting strategy.’
