Digital signatures play a crucial role in ensuring the integrity and authenticity of digital business reports. These reports, which can significantly impact an organisation’s value and reputation, require a high level of trust. Digital signatures provide verifiable proof of a document’s authenticity and integrity, ensuring that it hasn’t been tampered with since being signed.
Digital business reports created in XBRL undergo careful preparation, involving a number of skilled individuals, specialised systems, and robust controls to ensure accuracy. As these reports can directly impact an organisation’s value and reputation, preparers, auditors, regulators, and end users must have assurance that the reports remain unaltered and reliable. Bridging this need for trust […]
A blog post by Global Legal Entity Identifier Foundation (GLEIF) CEO Stephan Wolf provides a tantalising view of a new approach to digital identity for business reports (amongst countless other things).
The XBRL Standards Board has this week approved for release, as a consultation draft, the first deliverable of the Digital Signatures in XBRL Working Group (or… umm… D6WG). The requirements document has now been published. What’s this about? Is it important? Glad you asked. And Yes.
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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.
