XBRL News about disclosures
Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week.
2 Only four e-signature services are recommended after review
After the review, XBRL Sweden chose to recommend only four of 24 electronic signature services when documents are signed with an advanced electronic signature. In order to be recommended by the association, it must be possible to verify the signature directly with the support of the standard software.
It’s great to see members of the XBRL community (XBRL Sweden in this case) perform genuine public service – thank you!
As we are all surely too aware, the Covid-19 pandemic and the war in Ukraine have shone a spotlight on supply chains, how they can fail, and what happens when they do. At the same time, business models are changing for many companies. The growing demand for and regulation on sustainability reporting further highlights the need to understand the risks and impacts of supply chains.
These would be genuinely timely and useful new disclosures.
Christian Dreyer CFA is well known in Swiss Fintech circles as an expert in XBRL and financial reporting for investors.
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