Should transparent tax and financial reporting should be extended to the individual, especially elected officials? Would XBRL have a role?
This week XII CEO John Turner was in Amman in Jordan for the annual meeting of the Arab Federation of Exchanges (AFE). He spoke to a gathering of Chairmen, CEOs and senior executives of stock exchanges from across the region. The meeting attracted some 400 people in all, including broker/dealers, regulators and numerous international experts. A […]
The business site Forbes has a blog post this week on the problem facing companies with huge amounts of data coming in through multiple streams, which can lead to a situation where an organisation is “data rich but insight poor”. Adding to this problem is that data has a lifecycle, during which its value to […]
We can’t help but notice that a lot of people in both the public and private sectors are starting to look at XBRL filing data in a whole new way.
Blockchain and other emerging technologies have the potential to improve a wide range of existing business processes. For them to work, however, they will need to be able to rely on a wide range of high quality structured data, including XBRL documents prepared by companies.
The Panama Papers case presents a fascinating case study on the challenges facing anyone looking to collect or use large amounts of data.
One of the key messages to come out of the Data Coalition’s “Financial Data Summit” this week was that marrying the private sector’s technical expertise with government’s capacity to set the policy agenda is what will move open data forward.
What does the future hold? We have no idea of course. But it is fundamental to the human condition to wonder, to speculate and prognosticate. The Global Reporting Initiative (GRI) has released a video on trends its stakeholders see through 2025 with a focus on sustainability issues. Prominently mentioned were the opportunities presented by a […]
Online media portal Russia Today is reporting that the Bank of Russia is planning on simplifying procedures for the issuance of securities by SMEs, including the introduction of XBRL. The intention is to improve the bond market by cutting costs and improving the flow of information to investors. The CBRF also plans legislation changes to improve overall handling […]
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
