The new Digital Signatures in XBRL Working Group is now set to hold its first meeting in the coming weeks, and we would like to welcome any additional members who want to be fully engaged on this important question from the get-go.
The Bank of England (BoE) has recently published some significant updates for those following its initiative, led with the Financial Conduct Authority (FCA), to transform data collection from the UK financial sector.
Another really interesting session at the 30th XBRL Europe conference was the plenary session on environment, social, and governance (ESG) matters, with presentations now available to peruse online. It focused particularly on the crucial theme of how digital thinking is being built into emerging ESG standards.
Workiva’s 2022 Global ESG Survey offers some interesting insights on the challenges and opportunities ahead for environmental, social and governance (ESG) reporting.
Speaking at the International Conference of the Korean Accounting Association, Professor Yoon Jae-won of Hongik University’s Business School offered insights on the need for accounting reform and investment in digital reporting.
Routine digital reporting by local governments in the US just got a huge step closer. XBRL US and the University of Michigan’s Center for Local, State and Urban Policy (CLOSUP) have issued a ‘commercial-grade’ XBRL taxonomy for local-government reporting.
The European Central Bank (ECB) has issued an Opinion on the establishment and functioning of the European Single Access Point (ESAP), as proposed by the European Commission in November 2021.
The Securities and Exchange Commission (SEC) has adopted new rules on electronic filing, including expanded XBRL reporting, in order “to promote efficiency, transparency, and operational resiliency.”
We found food for thought in a recent survey of US public companies by EY and the Financial Education & Research Foundation on ‘How finance professionals are helping to advance ESG reporting.’
The Bank of England (BoE) has published version 1.2.3 of its XBRL statistics taxonomy. This latest release includes a number of additions and amendments to validation rules, intended to improved reporting quality.
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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.
