Items tagged with "Reporting"

Liechtenstein adopts XBRL Reporting with New Taxonomy

News from Liechtenstein. (Not something we see every day!) Its Financial Market Authority (FMA) has developed its own national XBRL taxonomy, including a DPM-based Table and Formula Linkbase. This will primarily be used by insurance companies, of which Liechtenstein has around 40, for quarterly statutory reporting.

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ICAI meets AI: Robot-Reviewed Reporting for India

How do you spot financial reporting errors or attempted fraud before they grow into problems? And – when serving a population of over 1.3 billion people – how can you both boost data quality and make the reporting and review process as efficient as possible? For the Institute of Chartered Accountants of India (ICAI), the […]

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Better together: Sustainability Reporting Leaders launch shared Climate Standard

Five global organisations in sustainability and integrated reporting have together published a paper addressing standards for reporting on enterprise value, illustrated with a prototype climate-related financial disclosure.

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Switzerland backs TCFD for Climate Transparency

On 12 January, Switzerland officially became a supporter of the Task Force on Climate-related Financial Disclosures (TCFD), demonstrating the government’s support for greater disclosure of and transparency around climate-related financial risks.

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EBA corrects Reporting Framework Taxonomies

The European Banking Authority (EBA) has published an erratum for the technical package on its reporting framework 3.0 phase 1.

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Australian overhaul resumes: it’s Goodbye D2A, Hello APRA Connect in 2021

It’s all systems go once more at the Australian Prudential Regulation Authority (APRA), as it resumes overhauling its core financial data collection system following a nine-month pause. The new platform, APRA Connect, is now set to go live in September 2021.

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Municipal Reporting and more: They asked, XBRL US answered!

It’s been a busy week for our colleagues in the US. XBRL US has submitted a letter to the Municipal Securities Rulemaking Board (MSRB) planning exercise on Strategic Goals and Priorities, urging it to consider how data standards would enhance the current Electronic Data Municipal Markets Access (EMMA) data collection and dissemination process. XBRL US expressed […]

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News Item

More M&A: Certent, Inc. acquired by insightsoftware

On 7 January, insightsoftware, a global provider of enterprise software solutions for the Office of the Chief Financial Officer, announced that it had acquired Certent, which provides software-as-a-service solutions for financial disclosure management and equity management.

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The End of Accounting or a Sustainable Beginning?

Investors need high-quality, comparable environmental data that captures intangibles and is aligned with financial reporting. That’s the conclusion of Christian Dreyer, a leading analyst and independent investor and until recently the CEO of CFA Society Switzerland.

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Improved oversight with new XBRL-based reporting requirement for Colombia

In December, Colombia’s Superintendency of Residential Public Services (Superintendencia de Servicios Públicos Domiciliarios, or Superservicios) launched a new quarterly reporting requirement for Special Financial Information (Información Financiera Especial, IFE), based on a newly published XBRL taxonomy.

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