Back to regular programming with three notable XBRL related news items from the past week. 1 Workiva Stock – SPAC attack XBRL service providers have seen revenue increase thanks in part to a hot IPO and SPAC (special purpose acquisition company) market. In Q2 2021, SPAC activity declined but the overall activity has still greatly…
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The silly season is in full swing in the XBRL world. Hence just one news item today … 1 Federal Council sets parameters for binding climate reporting for large Swiss companies Sustainable finance offers the Swiss financial centre an opportunity to further reinforce its competiveness. In December 2020, the Federal Council instructed the Federal Department…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 Last call: Standards for new XBRL formats set to go final As part of a long-term strategic effort to modernise and simplify important aspects of digital reporting, the XBRL Standards Board this week voted to publish updated report…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 Oman prepares to launch XBRL disclosure portal The final countdown to XBRL reporting in Oman has begun! Oman’s Capital Market Authority (CMA) and its stock exchange, the Muscat Securities Market (MSM), has organised a second round of workshops in preparation…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 Major European trends for reporting Whether it’s the upcoming mandatory ESG disclosures or increased scrutiny reflected in data granularity, the road leading up to 2022 (and beyond) is a challenging one. In a financial world that is so…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 Get set, ready, go green: prepare for sustainability reporting From manufacturing to investment, all market sectors are witnessing a paradigm shift in reporting as governments move from financial stability to financial sustainability. Much is still unknown, with fast-moving…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 EBA releases phase 2 of its 3.1 reporting framework The European Banking Authority (EBA) published phase 2 of its 3.1 reporting framework. The technical package supports the implementation of the reporting framework by providing standard specifications and includes…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 ASIC gets the lowdown on the benefits of digital reporting Should Australia go digital, and why? A recent webinar on digital financial reporting from the Australian Securities and Investments Commission (ASIC) covered international developments in reporting and opportunities…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 EBA assesses benefits, challenges and risks of RegTech use in the EU … The European Banking Authority (EBA) published an analysis of the current RegTech landscape in the EU. The Report assesses the overall benefits and challenges faced…
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Here is our pick of the 3 most important XBRL news stories from the last week. 1 XBRL Switzerland and DCARPE Alliance Association enter collaboration The DCARPE Alliance Association and the XBRL Switzerland Association have agreed to cooperate by initiating a joint working group to further develop and build community around the adoption of the…
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