We enjoyed the food for thought offered in a recent opinion piece by Jo Ann Barefoot on the case for placing artificial intelligence (AI) at the heart of digitally robust financial regulation.
There is great food for thought in the title of some recent remarks by US Securities and Exchange Commission (SEC) Chair Gary Gensler on ‘Dynamic Regulation for a Dynamic Society.’
The 2021 SEC Speaks event, held on 12–13 October, generated a wide range of comment from staff of the US Securities and Exchange Commission (SEC), covering subjects such as digital assets, private markets, and proactive enforcement.
We found food for thought on the subject of predictive data analytics this week in remarks by Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), before the SEC’s Asset Management Advisory Committee.
Our colleagues at XBRL US have published an interesting comment letter addressing the question of why standardised, machine-readable data is essential for reliable, useful outcomes from artificial intelligence (AI).
“The bottom line about the double bottom line is that investors don’t have to make performance concessions to achieve sustainable outcomes. ESG data is an indicator of future performance potential and should be incorporated into the investment mosaic of all the different types of data that are used to predict performance.”
Do you use artificial intelligence (AI) to analyse data? Are robots your new best friends, or do you have concerns about the risks and challenges? If you’re in the US, the government wants to hear from you.
EY has published the results of its ‘2020 EY Global Financial Accounting and Advisory Services (FAAS) corporate reporting survey,’ with a number of interesting insights into how the reporting landscape is changing. It is based on responses from more than 1,000 CFOs, financial controllers and other senior finance leaders.
The Bank for International Settlements’ Innovation Hub (BISIH) has a new work programme for 2020/21, its second full year, aiming to foster international collaboration among central banks on innovative financial technology.
How do you spot financial reporting errors or attempted fraud before they grow into problems? And – when serving a population of over 1.3 billion people – how can you both boost data quality and make the reporting and review process as efficient as possible? For the Institute of Chartered Accountants of India (ICAI), the […]
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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.
