After a significant amount of preparation and planning, Ukraine this week announced plans to move towards a “Hub and Spoke” based single financial reporting system using XBRL.
A seminar will be held on 25th October 2017 in Toronto, Canada to discuss the evolution of technologies such as XBRL, and gain an understanding of specific U.S. Securities and Exchange Commission (SEC) XBRL requirements and the current and potential implications on corporate reporting in Canada and internationally. As part of a broader trend towards […]
The U.S. Senate voted on Tuesday to confirm attorney Jay Clayton to head the Securities and Exchange Commission (SEC). Mr Clayton has a long career as a Wall Street attorney, including as a Partner in the prominent law firm Sullivan & Cromwell. At his confirmation hearing Mr Clayton indicated that his work would include a […]
The SEC is seeking input on its proposals to switch from XBRL to iXBRL for financial statement filings for companies and mutual funds. The practical impact of this change would include a shift from “dual” filing, in which an HTML financial disclosure is filed as well as a separate XBRL document. Instead a single Inline […]