Regulators and many other readers interested in the role of open standards in the financial sphere might like to join an upcoming event being hosted in the Bloomberg offices in central London on the afternoon of 21 February.
The 13th XBRL Asia Round Table will be in the week commencing 8 July this year. As in previous years, this will be a joint event with the ASEAN+3 Bond Market Forum (ABMF) hosted by the Asian Development Bank. This year the meeting will be held in Kumamoto.
This week Data Amplified 2023 brought together professionals from across the world and across the digital reporting supply chain at the amazing SIX ConventionPoint in Zurich.
Andreas Barckow, Chair of the International Accounting Standards Board (IASB), reflected on the importance of financial reporting standards at the recent World Standard-setters Conference in London. Barckow reaffirmed the vital role played by national standard-setters in the global standard-setting process and expressed his anticipation of continued collaboration in the coming years.
It’s been said that artificial intelligence – AI – replaces the need for structured data, but we believe that idea could not be further from the truth. It is certainly possible to skip digital tagging and use AI to get answers out of unstructured data, but they are often not very good answers.
Numerous countries use Inline XBRL as the gold standard for IFRS-based financial reporting. In particular, in Europe we now have two years of experience of the European Single Electronic Format (ESEF) – and some interesting insights from that are discussed above.
Andreas Barckow, Chair of the International Accounting Standards Board (IASB) emphasised the importance of financial reporting in uncertain times at a speech at the IFRS Foundation Conference this week.
More from the Eurofiling conference. The European Banking Authority (EBA) and European Insurance and Occupational Pensions Authority (EIOPA) announced a range of new developments, including the release of the Data Point Model 2.0.
The 28th Eurofiling Workshop will be held on 13 and 14 June at the ECB in Frankfurt and is divided into four thematic blocks (half day each)
XBRL Asia Round Table is a digital reporting event for regulators and relevant professionals across Asia. The event, held in Tokyo, will help improve business reporting strategy and familiarise attendees with international best practices. Participants can engage with regulators implementing XBRL for their reporting processes and consult subject matter experts on various relevant issues.
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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.
