The US SEC has announced a voluntary program allowing firms it regulates to use Inline XBRL (or “iXBRL”). This is another very welcome step forward in enhancing transparency and accountability in reporting.
Our thoughts on remarks by SEC Commissionor Kara Stein on efforts to “breathe new life into the critical matchmaking process between companies and investors”.
The SEC recently issued a “concept release” seeking public comment on business and financial disclosure requirements in Regulation S-K. This is the regulation, first instituted in 1933, that lays out reporting requirements for quarterly, annual, and other various SEC filings used by public companies in the United States.
If you are familiar with how other projects around the world have tackled the challenge of entity-specific disclosures, the Entity Specific Disclosures Task Force would be very interested in hearing from you.
A few weeks ago, we talked about blockchain in the the context of “Smart Contracts”. These kinds of innovations simply won’t work without the support of structured data. This week, we noticed an opinion piece in TechCrunch Online that has some interesting things to say about the uptake of blockchain technology in the finance sector. […]
The Companies House and HMRC XBRL programmes are extremely successful, having been done in a way that is both very cost effective for filers and beneficial to those interested in utilising structured corporate data for analysis. Read two white papers by XBRL UK examining this success.
Get an inside look at how new technology is impacting reporting at all levels of today’s organisations and the transformation that Yahoo! has gone through in its dealings with structured financial information and big data.
The Ministry of Commerce and Industry (MCI) in Saudi Arabia has launched “Qawaem”, a new XBRL-based electronic reporting platform for the submission of consolidated financial statements by commercial entities in the Kingdom.
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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.
