The Korea Pharmaceutical and Bio-Pharmaceutical Manufacturers Association (KPBMA) held a seminar on accounting and tax issues this week, focusing on the role of ESG (Environmental, Social, and Governance) and XBRL in improving transparency.
The European Financial Reporting Advisory Group (EFRAG) has published its Final Comment Letter on the International Accounting Standards Board (IASB)’s Exposure Draft (ED) on “Climate-related and Other Uncertainties in the Financial Statements – Proposed Illustrative Examples”.
“Unless the data is comparable, unless the data can be used easily, unless the data can be analysed, it’s no use having all this [sustainability reporting],” says CA (Dr) Debashis Mitra, Past President of the Institute of Chartered Accountants of India (ICAI).
The International Sustainability Standards Board (ISSB) has released the fifth episode in its webinar series, focusing on assurance for sustainability disclosures.
Malaysia has officially entered a new era of corporate reporting with the launch of MBRS 2.0. The Companies Commission of Malaysia (SSM) introduced the enhanced Malaysian Business Reporting System on 25 September, making digital submissions mandatory from 1 December.
The Financial Accounting Standards Board (FASB) staff has released proposed updates to the GAAP Taxonomy, aligning with amendments to Topic 326.
Lucanet, an XBRL International Sustaining Partner, has introduced advanced Generative AI (GenAI) features to its CFO Solution Platform, expanding on its earlier XBRL Copilot Tagger launched in October.
We’re back after an amazing three days in Madrid at Data Amplified 2024. We enjoyed an incredible range of fresh ideas, updates and discussions.
Marc Houllier, CTO of Corporatings, took the stage at Data Amplified to showcase how structured data, enabled by XBRL, can revolutionise sustainability reporting. Houllier highlighted the power of structured data under the European Sustainability Reporting Standards (ESRS), offering vivid examples of how it solves problems that neither AI nor humans can handle efficiently with unstructured […]
The Financial Stability Board (FSB) has released a new report assessing the implications of artificial intelligence (AI) for the financial sector.
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