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Items tagged with "Reporting"

XBRL US case study: using Inline XBRL to turbocharge grants reporting and support the GREAT Act

Can digitisation significantly improve the processes of preparing, collecting, tracking and analysing data on government grants and how they are used?

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Digital reporting in the UK: state of play and resources for companies

The Financial Reporting Council (FRC) Financial Reporting Lab has published the results of a survey carried out in May 2021.

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New era for Australian data collection as APRA Connect goes live

Congratulations to the Australian Prudential Regulation Authority (APRA)! On 13 September, its new data collection portal, APRA Connect, went live.

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UK FRC reviews climate reporting under SECR

The UK’s Streamlined Energy and Carbon Reporting (SECR) rules, which came into effect from 1 April 2019, provide an interesting example of mandatory climate reporting and potential insights for other jurisdictions implementing similar regimes.

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BoE demands greater rigour in regulatory reporting

The Bank of England’s financial watchdog, the Prudential Regulation Authority (PRA), has written to company CEOs discussing recent findings on the reliability of regulatory reporting, decrying poor practices, and reiterating its supervisory expectations.

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News Item

How did the Covid-19 pandemic affect financial reporting?

This is one story where we recommend taking a look at the original visuals, as Bloomberg reports on ‘How the pandemic shaped financial reporting, in four charts,’ based on a study by Audit Analytics.

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Bank of England publishes final statistical taxonomy

The Bank of England is shifting from XML to XBRL for the collection of significant amounts of statistical data.

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SEC releases draft taxonomy updates for feedback

The US Securities and Exchange Commission (SEC) has published draft 2021Q4 and 2022 updates to the SEC taxonomies, and now welcomes public comment.

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FRC examines reporting needs on risks and opportunities

What do investors want to understand about risks, uncertainties, opportunities and scenarios? That’s a big – and fascinating – question, and one which the UK Financial Reporting Council’s Financial Reporting Lab has tackled in its latest report, seeking to bridge the gap between the information that users want and that companies provide.

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Inline XBRL and testing opportunities: XBRL US comments on SEC agenda

XBRL US has written to the Securities and Exchange Commission (SEC), providing feedback on its semiannual regulatory agenda and urging it to make time for testing.

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