President Trump waded into regulatory policy in characteristic style this August with a tweet that has ignited debate: “Stop quarterly reporting & go to a six month system[…] That would allow greater flexibility & save money. I have asked the SEC to study!” Companies siding with President Trump cite the cost of compliance and the […]
A terrifying study out this week from IFAC says that the burden on internationally operating businesses caused by different regulatory arrangements is in excess of $780 billion USD. That’s more than the GDP of Switzerland. Or Malaysia and Singapore combined. It’s half the GDP of Brazil, population 200M+!
We expect significant advancement in analytics using structured data in 2017.
Earlier this year we brought to your attention the fact that firms just aren’t using the massive amounts of data they collect (see story, right). Now there’s new research bolstering that notion. In a new 136-page report, The Age of Analytics: Competing in a Data-Driven World, the McKinsey Global Institute examines the application of analytics, and how businesses […]
Alternative presentations of XBRL data using JSON and CSV, along with the increased use of iXBRL, are creating new opportunities for investors, analysts and others to access XBRL data directly.
Our thoughts on a recent speech by IASB Chair Hans Hoogervorst.
Speakers at Data Amplified will bring insight into the way that data standards and emerging technologies like Blockchain, Big Data and Artificial Intelligence are repositioning both public and private organisations in an increasingly transparent environment.
The Finnish Population Register Centre and the Estonian Information System Authority (Riigi Infosüsteemi Amet, RIA) have embarked on a programme to merge their national data exchanges, effectively creating a joint information centre for citizens of the two countries. There are over 60,000 Estonians living in Finland, and the amount of cross border traffic and economic […]
FinTech, the new breed of technology that is revolutionising the banking and financial services sectors, is already starting to have a significant impact on how data is being collected, shared and utilised around the world. At Data Amplified, you’ll be able to explore how one company is making XBRL financial data affordable and easy to access for developers, […]
Sweden is restarting its efforts with structured data reporting using XBRL.
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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.
