
DQC publishes updated Ruleset for review
The XBRL US Data Quality Committee (DQC) recently published its 14th Ruleset for public review, with comments due 15 December.
The XBRL US Data Quality Committee (DQC) recently published its 14th Ruleset for public review, with comments due 15 December.
Japan is a country well known for its traditions. However, although tourists might love seeing locals sporting kimonos in Kobe, when your Covid-19 data is being recorded by hand and sent via fax, it might be time for an upgrade.
Confine people to their homes; shut the shops; spending goes down; GDP suffers. It may seem like common sense that stronger Covid-19-related restrictions, while essential for public health, would result in a lower GDP, but anecdata isn’t real data.
The US Securities and Exchange Commission (SEC) has never been shy of enforcement action. It’s very encouraging to see evidence that the Commission’s enforcers are increasingly relying on advanced analytics.
Shenzhen, China’s southern metropolis, is named after the rice paddy drains, or ‘zhen’, that once stretched across the landscape. Today, where mere decades ago sat a small fishing village, Shenzhen is a city of over 11 million inhabitants, known as China’s answer to Silicon Valley.
What do your mortgage, your car, and maybe even your fridge have in common? They are all either already or could soon be reliant on AI and machine-learning (ML) algorithms.
Ensuring that companies across the EU can get the investment they need to recover from the Covid-19 crisis means making sure investors have access to usable, comparable data.
The past few months have demonstrated just how important timely, accurate data is to making the right policy decisions – and how a lack of coherent data can even cause significant damage.
The Covid-19 crisis has prompted unprecedented, large-scale relief programmes in the US, creating new data collection needs that could benefit from the XBRL standard.
XBRL has a number of exciting projects in the pipeline – not least the expansion of structured, machine-readable data to all of Europe with next year’s ESEF mandate. However, sometimes it’s worth looking backwards to take note of successful implementations that have been humming along for some time now.