Trust is a rare commodity in the digital world—fraudsters are getting smarter, deepfakes are getting eerily convincing, and financial crime is evolving faster than regulators can type “compliance update.” Enter the verifiable Legal Entity Identifier (vLEI), an innovation from the Global Legal Entity Identifier Foundation (GLEIF).
The XBRL Standards Board (XSB) has approved two important updates to emerging new XBRL specifications.
This article was first published in the Summer 2024 issue of ThinkTWENTY20. It is authored by John Turner, CEO of XBRL International. Corporate reports provide vital information on business performance, governing a wide range of decisions by investors, regulators, creditors, customers and other stakeholders. Reports can have an enormous impact on an organization’s value and […]
Earlier this month the Digital Signatures – or D6 – working group released the Digital Signatures in XBRL 1.0 specification as a Candidate Recommendation, an important step towards improved security in financial reporting.
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