We were interested this week to read reflections on the changeover to the European Single Electronic Format (ESEF) and Inline XBRL for financial reporting in Europe, from members of the French Society of Financial Analysts (SFAF, La Société Française des Analystes Financiers) Evaluation Commission.
The Bank for International Settlements Innovation Hub has recently reported on Phase 1 of its Project Ellipse. This is a proof of concept intended to examine the potential for insights-based and data-driven supervision using an integrated regulatory data and analytics platform.
Many of our readers may be interested in an agenda paper presented at this month’s meeting of the IFRS Foundation’s IFRS Taxonomy Consultative Group (ITCG).
Recent days have seen a number of important updates from the US Federal Energy Regulatory Commission (FERC), as it implements its switch to XBRL-based reporting for energy utilities.
XBRL Italy reports “another small step forward” in the digitisation of corporate reporting in Italy. Credit guarantee consortia known as Confidi are an important part of the Italian financial landscape.
The Financial Reporting Council (FRC) Financial Reporting Lab has published the results of a survey carried out in May 2021.
Tucked into Chapter 8 of the Financial Conduct Authority (FCA) Quarterly Consultation are proposals to allow UK issuers to use a wider range of XBRL taxonomies.
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.
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.
On 1 July Andreas Barckow officially set to work as Chair of the International Accounting Standards Board.