The European Securities and Markets Authority (ESMA) this week closed its consultation on critical updates set to expand the EU’s digital reporting regime.
Around 8,000 large Dutch enterprises will transition to digital financial reporting using Inline XBRL, following smaller and listed companies already mandated to report digitally.
The UK’s Financial Reporting Council (FRC) just launched the public beta of its digital reporting Viewer—great news for anyone who wants easier access to structured company data. This tool lets users view and analyse Inline XBRL reports without specialist software.
The International Accounting Standards Board (IASB) has published a significant update to the IFRS for SMEs Accounting Standard, used widely across 85 global jurisdictions.