Human Intuition Still Impressive
We are interested in discovering where AI will get used to change the game in organisational performance monitoring and reporting.
Latest Posts
Post
Post
First Public Offering Using Blockchain Planned
Overstock.com, an internet retailer, has announced plans to issue public stock in the US using distributed ledger technology. The implications for regulatory compliance will also be significant and will impact the business reporting supply chain as trading stocks using these technologies increasingly seems not just plausible but attractive.
Post
Data as Art
What do you see when you visualise data? Artists Joshua Portway and Lise Autogena saw stars, and created a “Stock Market Planetarium” that projects real-time stock market activity as stars in the night sky, flickering and glowing as individual stocks are traded around the world, and moving in concert with broader market activity and outlining shapes of different […]
Post
XBRL Data Helps Close Off Balance Sheet Accounting Hole
FASB used SEC XBRL data from 2014 to identify over USD $1 trillion in undiscounted lease obligations that were being reported in footnotes. Read about the resulting guidance.
Post
Entity Specific Disclosures Task Force Gains Momentum
The Entity Specific Disclosures Task Force has begun the discovery phase of its work defining when best to use extensions and to improve the comparability of extensions and the filings that use them.
Post
Some Upcoming Blockchain Events
It would be hard to understate the impact blockchain and the processes it supports are going to have on the financial industry and business reporting in general. Data standards like XBRL definitely have a critical role to play, which is why this topic will be a key point of discussion at our Singapore conference as well as some other upcoming events.
Post
Analysts Weigh in on the ESMA Single Electronic Format
The CFA Institute is taking an increasingly higher profile stance on the value of structured data, hosting events with XBRL US and XBRL France and taking action on consultations such as this one. This is a reflection of the growing amount of XBRL data around the world and the increasing benefits of using it for […]
Post
Your Next XII Newsletter Editor?
In a move that could presage new careers for wordsmiths everywhere, it is becoming increasingly possible to use bots to create text copy based on underlying structured data. This has all sorts of implications. Wired Magazine conducted one test of this emerging technology by having Wordsmith, an automated news-writing bot, create an obituary for noted […]
Post
ESMA Single Electronic Format Consultation Update
The European Securities and Markets Authority has published the responses it has received to its consultation on a single electronic format (ESEF) for financial statement filings.
Post
Climate-related Disclosures to get a Push
The Financial Stability Board has launched an an initiative to create climate-related financial risk disclosures for use by companies in providing information to lenders, insurers, investors, regulators and other stakeholders.
