The IFRS Foundation announced yesterday that Prof. Dr Andreas Barckow has been selected as the next Chair of the International Accounting Standards Board (IASB), effective July 2021. He will succeed Hans Hoogervorst, whose second 5 year term will conclude at the end of June.
Following the UK Financial Reporting Council’s (FRC’s) recent demands for the big four audit firms to separate audit from other business practices, Deloitte has announced plans to establish an independent Audit Governance Board (AGB).
Investors are increasingly demanding more extensive and clearer reporting on environmental, social and governance (ESG) factors, and while the E of ESG commands the majority of attention, governance should not be overlooked. The UK’s recent Financial Reporting Council report on workforce related corporate reporting identifies areas where companies need to improve in order to reflect […]
Keen readers will have noticed a shuffle at the top of the XBRL International Board recently.
John Turner, XBRL International CEO and Robert Tarola, Chair of the XBRL International Board of Directors, kicked off Wednesday morning at Data Amplified with an interesting discussion on the changing requirements for financial reporting governance in a digital reporting ecosystem. Tarola, who has an extensive background in audit, CFO, and board of director roles, demonstrated […]
BSE, the largest stock exchange in India, has been using XBRL to help improve the accuracy and utility of filings about corporate voting results for the past two years. On 18 January, the BSE announced that this move is now permanent and mandatory for all such filings that occur after 31 January 2017. Rather than […]