We enjoyed the food for thought offered in a recent opinion piece by Jo Ann Barefoot on the case for placing artificial intelligence (AI) at the heart of digitally robust financial regulation.
Our ESEF repository at filings.xbrl.org now contains over 3,400 financial reports in the digital, Inline XBRL-based ESEF format. Yet only a handful of countries allow reliable, efficient automated retrieval of new filings.
The Malta Financial Services Authority (MFSA) has announced that the country has concluded its first digital reporting period under the European Single Electronic Format (ESEF).
Europe could soon see information for retail investors being reported in XBRL.
Indonesia’s Directorate General of Taxes (Direktorat Jenderal Pajak) has recently nominated 37 companies, registered at 10 different tax offices, to submit their tax returns using XBRL.
XBRL US has this week announced the publication of corporate sustainability data in Inline XBRL format by two companies: Moody’s Corporation and Etsy, Inc.
The accounting revolution will be digitised, says Amir Ghandar in an enjoyable thinkpiece on the International Federation of Accountants (IFAC) website.
Hong Kong’s Inland Revenue Department (IRD) has released a preliminary version of its new IRD Taxonomy Package, in order to facilitate preparations for digital tax reporting.
The XBRL US ESG Working Group has published its final paper, on ‘Supporting ESG Data with Standards.’
“Good knowledge and understanding of XBRL can turn your mandatory ESEF submission into an opportunity to transform the way your data is presented, and avoid common errors,” says Pierre Pottier of Invoke in a recent opinion piece – and we heartily agree!
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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.
