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Items tagged with "Digitisation"

Oman prepares to launch XBRL disclosure portal

The final countdown to XBRL reporting in Oman has begun! Oman’s Capital Market Authority (CMA) and its stock exchange, the Muscat Securities Market (MSM), has organised a second round of workshops in preparation for the launch of its new disclosure portal, which will enable the reporting of both financial and non-financial information in XBRL format.

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New for Nigeria! First XBRL reports blaze a trail

We were delighted to hear this week that Dangote Cement, Africa’s largest cement producer, has produced its most recent financial statements in XBRL, using the International Financial Reporting Standards (IFRS) Taxonomy.

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Digitisation and staying relevant: Andreas Barckow prepares to address rapid change as IASB Chair

On 1 July Andreas Barckow officially set to work as Chair of the International Accounting Standards Board.

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ASIC gets the lowdown on the benefits of digital reporting

Should Australia go digital, and why? A recent webinar on digital financial reporting from the Australian Securities and Investments Commission (ASIC) covered international developments in reporting and opportunities for Australia – and makes worthwhile viewing whether or not you’re Down Under!

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Push for LEI adoption to expedite China’s digitisation

The Deputy Governor of the People’s Bank of China (PBOC) has called for greater use of Legal Entity Identifiers (LEIs) as a key part of the digitisation of financial operations in China.

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Beyond the usual suspects: XBRL avenues to explore in India

XBRL has been used for financial and prudential reporting in India for several years. As digitisation advances apace – hastened by the Covid-19 pandemic – how and where else could India deploy the XBRL standard to facilitate filings and collect high-quality digital data that is easy to access, analyse and compare?

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Digital transformation a priority in Qatar

Rashid bin Ali al-Mansoori, Chief Executive of the Qatar Stock Exchange (QSE) has affirmed the Exchange’s pursuit of digital transformation, with extra features recently added to its website.

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ESEF Errors and Common Pitfalls: Series Introduction

Issuers across EU-regulated markets and in the UK have filed their first financial statements in European Single Electronic Format (ESEF), which in essence is an Inline XBRL report. We anticipate that ESEF will make European reporting data more consistent, comparable, and ultimately useful. It was encouraging to see many issuers voluntarily submitting ESEF filings in […]

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Over 90% of companies in Jordan file XBRL reports

We’re pleased to note that XBRL implementation in Jordan is having success, following its introduction last year.

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Fitness check finds EU financial reporting fit for purpose

The European Commission has published the results of its 2018 ‘fitness check’ assessment of public reporting by EU companies.

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