How CFOS can foster company agility
‘What can be done differently in 2023 to improve your financial close process?’ asks a thought-provoking post and related webinar from Wolters Kluwer.
Items tagged with "Digitisation"
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Lighting a FIRE under cyber incident reporting: Digital-first format needed?
The Financial Stability Board recommends greater convergence in cyber incident reporting, including a common format for incident reporting exchange, or FIRE. We urge a digital-first approach using XBRL to ensure comparability and effective analysis.
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XBRL reporting coming soon to Pakistan?
We were delighted to read recent remarks by Mr Aamir Khan, Chairman of the Securities & Exchange Commission of Pakistan (SECP).
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IFRS Advisory Council gets down to digital reporting
The IFRS Advisory Council this week discussed (inter alia) ‘Progressing our digital financial reporting strategy.’
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Implementing XBRL in Georgia: a case study
CoreFiling has published an interesting case study giving us a look into XBRL adoption in a new country, with a data modernisation project run by the National Bank of Georgia.
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Human-rights reporting needs machine-readable data
The Danish Institute for Human Rights has published a notable discussion paper on sustainability reporting and human rights.
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Let’s get digital, Australia!
We enjoyed a recent Accountants Daily article from Simon Grant of Chartered Accountants Australia and New Zealand (CA ANZ) on the need to advance digital reporting in Australia.
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What needs to be done on data quality? FRC reviews first mandatory ESEF year
The FRC Lab reports on lessons learnt from the first year of mandatory digital reporting in the UK. It finds that many companies are rising to the challenge of the ESEF format, and points the way forward on more that needs to be done on data quality.
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Exploring XBRL for bond access by US small businesses
As we recently reported, the US Small Business Administration (SBA) has introduced a modernised process allowing small businesses to use xBRL-CSV to submit Work-in-Process (WIP) information used in the SBA Surety Bond Guarantee (SBG) Program, replacing time-consuming manual data entry.
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Digital ESG data means richer insights
“The world is grappling with dramatic shifts in climate change, environmental, social, and geopolitical events. In a world of rapid digital transformation, how do companies, investors, regulators, standard setters, and ordinary citizens respond to these shifts?” asks Christine Tan in a recent guest post at ESG Today.
