Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Chinese Central Bank releases 22-25 fintech development plan PBOC recently issued the “Fintech Development Plan (2022 – 2025)” (金融科技发展规划（2022-2025年）), which “proposes guidance opinions for the development of fintech in a new…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 A broader and deeper use of structured data CFA Institute recently co-sponsored the XBRL Investor Forum 2021: Data That Delivers. SEC Commissioner Caroline Crenshaw gave a keynote speech outlining the extensive…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Key takeaways from the global statutory reporting and automation trends report … Managing statutory reporting at an organization with many legal entities is a delicate task. Everything—people, processes, technology—needs to be…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Technology and the future of audits Wes Bricker, Vice Chair and co-leader of Trust Solutions at PwC and Chair of XBRL International, joins this episode to explain how technology is changing…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Hong Kong prepares for digital tax reporting using inline XBRL The Hong Kong Inland Revenue Department (IRD) looks set to launch Inline XBRL-based digital tax reporting for business within the next…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 SEC adopts final amendments under the Holding Foreign Companies Accountable Act In December 2020, the Holding Foreign Companies Accountable Act, co-sponsored by Senators John Kennedy, a Republican from Louisiana, and Chris Van Hollen,…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Revised guidelines for ESEF audit The Committee of European Auditing Oversight Bodies (CEAOB) has published revised guidelines on auditors’ involvement on financial statements in European Single Electronic Format (ESEF). Replacing initial…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Singapore launches data platforms to support green finance The Monetary Authority of Singapore (MAS) has announced that it will pilot four interoperable digital platforms to address the financial sector’s need for…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 XBRL and why it is important for South Africa This is the first in a series of articles exploring XBRL. Our next article will consider how XBRL was developed and the…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 IDW standard adopted for ESEF examination Just in time for the start of the second ESEF audit season 2021/2022, the HFA adopted the final IDW examination standard: Examination of electronic reproductions…
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